Los Angeles County Employees Retirement Association (LACERA) vs Los Angeles City Employees Retirement System (LACERS)
Side-by-side pension health comparison from DOL and public plan data
Los Angeles County Employees Retirement Association (LACERA) (B) and Los Angeles City Employees Retirement System (LACERS) (B) are close on the LakeQuality rubric. Funding ratios sit at 75% and 76% respectively — within a few points of each other.
With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.
Verdict
Los Angeles County Employees Retirement Association (LACERA) has a stronger Pension Health Score of 70/100 (B) compared to Los Angeles City Employees Retirement System (LACERS) at 70/100 (B). Funding ratios differ by 0.6 percentage points (75.2% vs 75.8%). Los Angeles County Employees Retirement Association (LACERA) covers 186,000 participants.
| Metric | Los Angeles County Employees Retirement Association (LACERA) | Los Angeles City Employees Retirement System (LACERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 70/100 (B) | 70/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 75.2% | 75.8%* |
| Total Assets | $73.5B | $20.1B |
| Total Liabilities | $97.7B | $26.5B* |
| Unfunded Liability | $24.2B | $6.4B* |
| Participants | 186,000 | 49,000 |
| 1-Year Investment Return | 6.1%* | 5.9% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | Los Angeles County | City of Los Angeles |
Los Angeles County Employees Retirement Association (LACERA) has a stronger Pension Health Score of 70/100 (B) compared to Los Angeles City Employees Retirement System (LACERS) at 70/100 (B). Funding ratios differ by 0.6 percentage points (75.2% vs 75.8%). Los Angeles County Employees Retirement Association (LACERA) covers 186,000 participants.
Explore More
Related Comparisons
- Los Angeles County Employees Retirement Association (LACERA) vs California Public Employees Retirement System (CalPERS)
- Los Angeles County Employees Retirement Association (LACERA) vs California State Teachers Retirement System (CalSTRS)
- Los Angeles County Employees Retirement Association (LACERA) vs University of California Retirement Plan
- Los Angeles County Employees Retirement Association (LACERA) vs San Francisco Employees Retirement System
- Los Angeles City Employees Retirement System (LACERS) vs California Public Employees Retirement System (CalPERS)
- Los Angeles City Employees Retirement System (LACERS) vs California State Teachers Retirement System (CalSTRS)
- Los Angeles City Employees Retirement System (LACERS) vs University of California Retirement Plan
- Los Angeles City Employees Retirement System (LACERS) vs San Francisco Employees Retirement System