Month: September 2022

The Los Angeles Fire and Police Pensions (LAFPP or “Fund”) is seeking their next General Manager.

LAFPP was established by the City of Los Angeles in 1899 and operates under the provisions of the City Charter and Administrative Code. LAFPP is a single employer public employee retirement system whose main function is to provide retirement benefits to the safety members employed by the City.

The Fund serves over 26,000 active and retired police officers, firefighters, harbor and airport police, and their beneficiaries. With approximately $30 billion in assets under management, the pension fund is 96.8% funded.

The General Manager serves as the chief administrative officer of the Fund. Under the direction of the Board of Commissioners, the General Manager directs the daily internal operations and benefits administration of LAFPP. The General Manager will be responsible for leadership, administration, and management of LAFPP with Board delegation of authority. The General Manager will oversee an operating budget of approximately $1.7 billion and a total staff complement of 128.

To learn more about the Responsibilities and Preferred Qualifications please click on the link below or view the listing on the LA City Personnel Department Website:

LAFPP General Manager Position Specifications

TO APPLY: Please send your resume to Tamara at tamara.wesely@eflassociates.com

Earlier this year, LAFPP General Manager Ray Ciranna announced his intent to retire at the end of September 2022. To ensure a seamless transition of leadership for the Department, the Board appointed Joseph (“Joe”) Salazar as the Interim General Manager, effective September 25, 2022.

Joe has over 20 years of experience working in the City’s retirement systems, including almost 15 years with LAFPP. He has served as Assistant General Manager for the Pensions Division, overseeing all member service functions, from April 2011 until his new appointment. Chief Benefits Analyst Gregory Mack will serve as Acting Assistant General Manager – Pensions Division, during this period.

Joe shared, “I am grateful for the opportunity to serve the members and beneficiaries of the LAFPP plan. I look forward to continuing to work collaboratively with the Board, our staff, and all stakeholders, focusing on our core mission to advance the health and retirement security of our members.”

An executive recruitment search for a permanent General Manager began on June 16, 2022. The Board plans to have the recruitment process completed by the end of the calendar year and the permanent General Manager in place by early 2023. A separate search for the Chief Investment Officer will commence once the permanent General Manager is appointed. Kristy Nguyen, Investment Officer III, is serving as the Acting Chief Investment Officer until that time.

We will continue to keep all members informed of the Board’s actions and the status of the executive recruitment process.