Los Angeles County Employees Retirement Association Regular Meeting
The meeting agenda and operations briefing covered several key initiatives, including the deployment of IT and AI solutions such as Microsoft CoPilot, the implementation of the Genesys Cloud for contact center operations, and updates on the Mainframe System Migration. Discussions focused on the strategic plan and the status of various operational projects, including the boardroom relocation and expansion, disability retirement AI solutions, and the Member Experience Communication Project. Additionally, the committee reviewed strategies for member counseling and the development of digital self-service platforms to enhance the overall member experience.
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Los Angeles County Employees Retirement Association Regular Meeting
The Board of Investments meeting covers procedural matters for teleconference attendance and provides executive updates, including reports from the Chief Investment Officer and Chief Executive Officer. Key agenda items include proposed classification and compensation changes for the Director of Communications, deliberations on the future of several Board of Investments committees, and a decision regarding the annual cadence of board meetings. The Board will also establish minimum qualifications, evaluation criteria, and the scope of work for a private equity consultant Request for Proposal. Additionally, the agenda includes reviews of strategic asset allocation, the 2027 STAR COLA program, and various legislative and fiduciary reports. An executive session is scheduled to address pension fund investments and conduct performance evaluations for the Chief Investment Officer and Chief Counsel.
Oct 7, 2026·Board meeting agenda packet
Los Angeles County Employees Retirement Association Regular Meeting
The meeting addressed the SACRS 2027 Legislative Platform, including technical and conforming amendments to various Government Code sections regarding garnishments, actuarial valuations, and interest credits, as well as substantive amendments regarding employer reimbursement for trustee duties, trustee elections, annual budget limits, and reserve policies. The committee also received reports on federal legislation, Social Security repeal impacts, and the Retiree Healthcare Benefits Program, including CMS Retiree Drug Subsidy reconciliation and trend reports.
Oct 7, 2026·Board meeting
Board Of Retirement Regular Meeting
The board meeting included a public comment session regarding a military service credit dispute and the need for accurate accounting of service purchase options. The CEO provided updates on strategic planning, operations, board elections, and stakeholder engagements. The board recognized staff members through various awards, including the inaugural I Act awards, and welcomed a new contract attorney to assist with vendor management and contracting processes. Additionally, the board approved multiple disability retirement applications for safety, fire, lifeguard, and general members.