News

As part of its mission to protect member benefits, LACERA regularly shares how members contribute to the strength of the communities they support, both during their careers and in retirement.

A new economic impact analysis highlights the value of LACERA pension benefits, showing how they provide lasting financial security while supporting local economies across California.

In 2025, LACERA pension benefits generated $5.3 billion in economic output statewide, supporting more than 21,300 jobs. In Los Angeles County, where many members live and spend, pension income generated $3.1 billion in economic output and supported over 12,900 jobs, helping sustain local businesses and public services.

LACERA pension income also helps generate tax revenue that supports public services and contributes to economic stability, even during downturns.

These findings reinforce three important points:

• LACERA pension benefits provide a reliable source of income members can count on
• Members’ public service continues to strengthen communities long after retirement
• Pension dollars have a real and measurable impact on the economy

Across Los Angeles County, this impact supports key industries such as housing, food services, healthcare, and financial services, helping communities remain strong and resilient.

LACERA is proud to represent its members and to highlight the meaningful role they continue to play in supporting communities across California.

For more insights, we invite you to view our full Fact Sheet infographic, which includes pensioner demographic data and positive spending impacts. You can also read a summary in our press release or access the full Zenith Economics report on lacera.gov.

Thank you for your continued contributions to the communities in which you live and serve.