2025 Annual Reports Now Live
As LACERA heads into the new year, we are proud to share our 2025 Annual Comprehensive Financial Report (ACFR) and 2025 Popular Annual Financial Report (PAFR).
This year’s theme, “Guided by Values | Driven by Innovation” highlights two core beliefs that help guide LACERA in our mission to produce, protect, and provide the promised benefits to our members.
The ACFR is an in-depth review of the previous fiscal year, reporting on the health of the fund, investment returns, and statistical information about the membership through detailed reports, graphs, and figures.
The PAFR provides a condensed summary of the ACFR, including LACERA’s pension fund and OPEB trust returns, funded status, budget, and organizational accomplishments.
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