Month: April 2022

2021 Active Member Annual Statements

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Available in MyLAFPP!

Active members! View your 2021 Annual Member Statement in MyLAFPP.

View and/or print your 2021 Annual Statement online. This statement summarizes your individual pension-related information as of December 31, 2021, including service credit, pension estimates (if eligible to retire), contributions and interest, spouse or domestic partner information, and beneficiary designation.

Follow these steps to access your statement:

  1. Log in to MyLAFPP. 
  2. Click on Forms & Correspondence.
  3. Click on Statements.
  4. Click on the word “Document” next to the paperclip symbol. Your statement is provided in a PDF format.

If you have not signed up or have questions regarding MyLAFPP, please visit our MyLAFPP Help Desk.

For questions concerning your statement or copies of your Annual Statements for years prior to 2018, please contact the Active Member Services Section at (213) 279-3140 or by email at amssection@lafpp.com.

2022 Non-Medicare Subsidy Increase

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The new approved amount for the non-Medicare health subsidy maximum is $2,046.97 per month, effective July 1, 2022.

On April 21, 2022, the Board of Fire and Police Pension Commissioners approved a 4.5% increase to the non-Medicare health subsidy. With the increase to the non-Medicare health subsidy, many retired members under age 65 will experience lower out-of-pocket costs. In fact, the maximum subsidy will fully subsidize all LAFRA or LAPRA single-party and two-party non-Medicare plan premiums, as well as some family plan coverage levels for members with a non-frozen subsidy and at least 25 years of service.

Each year, the Board has the authority to increase the non-Medicare subsidy by up to the lesser of 7% or the actuarial medical trend rate for the upcoming fiscal year. The non-Medicare actuarial medical trend rate for fiscal year 2022-2023 is 7.50%, therefore the Board had the authority to increase the subsidy by up to 7% this year. The approved 4.5% increase is consistent with the Board’s fiduciary duty to all members. The Board considered the following information that would potentially affect members:

  • Impact to out-of-pocket premium costs for non-Medicare subsidy eligible retirees;
  • Impact to retirees in multi-party Medicare plans; and
  • Average premium changes among most eligible plans.

Do I qualify to receive the non-Medicare subsidy?

The actual increase in subsidy benefit per member is dependent upon eligibility and the retiree’s respective health plan premium. The approved increase to the maximum non-Medicare subsidy provides fully subsidized single- and two-party coverage for all eligible pensioners with 25+ years of service. Qualified survivors who are under the age of 65 and pensioners who are enrolled in a Board-approved HMO or PPO single-party Medicare health plan are not impacted by the maximum non-Medicare subsidy increase.

If you have questions or need more information regarding the non-Medicare Health Subsidy increase, please contact Medical & Dental Benefits at (213) 279-3115 or via email at mdb@lafpp.com.

COLA 2022

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The Cost of Living Adjustment (COLA) is 7.4% for 2022 and was approved by the Board of Fire and Police Pension Commissioners on April 7, 2022. The COLA will be effective July 1, 2022, and all eligible pensioners and Deferred Retirement Option Plan (DROP) participants will receive an increase accordingly, beginning with the pension payment/DROP account deposit dated July 31, 2022. For new pensioners and DROP entrants in Tiers 3-6, the first year’s COLA is prorated based on the number of complete months since the pension effective date, therefore these members may not receive the full 3.0%.

  • Tiers 1 & 2 retirees and beneficiaries will receive 7.4%. 
  • Tiers 3 & 4 retirees, beneficiaries, and DROP participants in Tiers 2, 3, and 4 will  receive up to 3.0%. 
  • Tiers 5 & 6 retirees, beneficiaries, and DROP participants will receive up to 3.0% and the remaining 4.4% will be stored in the COLA bank*, which can be applied in future years when the CPI is below 3%. 

*Must have retired or entered DROP with a pension effective date prior to June 2, 2022, in order to have an available COLA bank balance.

Consumer Price Index/Bureau of Labor Statistics

The COLA is based on the annual change in the Consumer Price Index (CPI) as published by the U.S. Bureau of Labor Statistics (BLS). Pursuant to the City of Los Angeles Charter/Administrative Code, the 2022 COLA was calculated based on the Los Angeles-Long Beach-Anaheim area using a 12-month period from March 2021 through February 2022.

How does this affect LAFPP Pensioners?

This is an example of how a monthly pension benefit of $6,386 would be affected by this year’s COLA of 7.4%:  

For Tiers 1 – 2 

If 7.4% of $6,386 = $472.56 

($6,386 x 0.074) 

Then the monthly pension benefit increases to $6,858.56 

($6,386 + $472.56) 

For Tiers 3 – 6 

If 3.0% of $6,386 = $191.58 

($6,386 x 0.030) 

Then the monthly pension benefit increases to $6,577.58 

($6,386 + $191.58) 

Questions?

For questions regarding the COLA, please contact the Retirement Services Section at (213) 279-3125, (844) 88-LAFPP, ext. 3125, or via email at rs@lafpp.com.

For detailed information on the calculation of the CPI, please visit the BLS website or call (202) 691-7000.

Ballot Mailing – Election – Fire Department Employee Member Board of Fire and Police Pension Commissioners

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All active, sworn Los Angeles Fire Department (LAFD) members of the Fire and Police Pensions System are eligible to vote in the Election for the Fire Department Employee Member of the Board of Fire and Police Pension Commissioners to be held on Tuesday, April 19, 2022.

On March 31, 2022, eligible voters were mailed an official ballot, voting instructions, the candidates’ statements of qualifications, an identification envelope, and a paid-postage return envelope addressed to the Office of the City Clerk – Election Division. Voters may submit their ballot via U.S. Postal Service or, starting at 8:00 a.m. (PT) on Friday, April 8, 2022, may hand-deliver their ballot using the contactless mail slot located at the Office of the City Clerk – Election Division, Piper Technical Center, 555 Ramirez Street, Suite 300, Los Angeles, CA 90012. Ballots received any other way will NOT be accepted.

In order to be counted, ballots must be received by the Office of the City Clerk – Election Division by 5:00 p.m. (PT) on Tuesday, April 19, 2022. The candidate who receives a majority (at least 50% plus one) of all votes cast shall be elected to the position of employee member. The candidate elected will serve the term that begins July 1, 2022 and ends June 30, 2027.

Voters who damage, spoil, lose, or do not receive their ballots may obtain a replacement upon filing an Affidavit of Loss/Non-Receipt (Affidavit) form. Voters may request an Affidavit form by calling (213) 978-0444 or via email at Clerk.ElectionAdmin@lacity.org.

Sworn Employee members of LAFD who become eligible within 30 days prior to the Election and wish to vote should obtain a Certificate of Eligibility (Certificate) from the Personnel Department. Newly eligible members may request an appointment with the Personnel Department to obtain the Certificate by emailing Per.PersonnelServices@lacity.org with the subject line “Request for COE 2022”. The Certificate for the newly eligible member will be provided by the Personnel Department to the Office of the City Clerk – Election Division via secure email. After securing a Certificate, beginning at 8:00 a.m. (PT) on Friday, April 8, 2022, the newly eligible voter may contact the Office of the City Clerk – Election Division at (213) 978-0444 or by email at Clerk.ElectionAdmin@lacity.org to schedule an appointment to present themselves and receive a ballot.

Candidates may designate up to two (2) individuals to observe the ballot tally. Candidates may also participate in addition to the two (2) observers. Names of observers designated by the candidates must be submitted to the Office of the City Clerk – Election Division by 5:00 p.m. (PT) on Friday, April 15, 2022 via email at Clerk.ElectionAdmin@lacity.org. Ballots will be opened and tallied on Thursday, April 21, 2022 at 9:00 a.m. (PT), and will be available to designated observers via livestream.

The Office of the City Clerk – Election Division’s Notice of Election is the source of and supersedes this web posting. Questions related to the Election conduct may be addressed to the Office of the City Clerk – Election Division at (213) 978-0444.