Los Angeles City Employees Retirement System Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Los Angeles ERS |
17,106.3 |
57,695 |
| Other Plans |
0.0 |
0 |
| Total |
17,106.3 |
57,695 |
Source: Public Plans Database (as of 2022)
Note: Los Angeles City Employees Retirement System has 0 other plans.
Assets
Assets at Year-End
Los Angeles City Employees Retirement System
2001-2022
| Fiscal Year |
Net Assets (billions) |
| 2001 |
6.5 |
| 2002 |
6.0 |
| 2003 |
6.0 |
| 2004 |
6.9 |
| 2005 |
7.4 |
| 2006 |
8.2 |
| 2007 |
9.7 |
| 2008 |
9.1 |
| 2009 |
7.1 |
| 2010 |
7.8 |
| 2011 |
9.2 |
| 2012 |
9.1 |
| 2013 |
10.2 |
| 2014 |
11.8 |
| 2015 |
12.0 |
| 2016 |
11.9 |
| 2017 |
13.3 |
| 2018 |
14.3 |
| 2019 |
14.9 |
| 2020 |
15.0 |
| 2021 |
19.0 |
| 2022 |
17.1 |
Membership
Ratio of Actives to Beneficiaries, 2001-2022
| Fiscal Year |
Los Angeles City Employees Retirement System |
US State and Local Pensions |
| 2001 |
1.9 |
2.4 |
| 2002 |
1.9 |
2.3 |
| 2003 |
1.9 |
2.2 |
| 2004 |
1.9 |
2.1 |
| 2005 |
1.9 |
2.1 |
| 2006 |
2.0 |
2.0 |
| 2007 |
2.0 |
2.0 |
| 2008 |
2.0 |
1.9 |
| 2009 |
2.0 |
1.9 |
| 2010 |
1.5 |
1.8 |
| 2011 |
1.5 |
1.7 |
| 2012 |
1.4 |
1.6 |
| 2013 |
1.4 |
1.5 |
| 2014 |
1.4 |
1.4 |
| 2015 |
1.3 |
1.4 |
| 2016 |
1.3 |
1.4 |
| 2017 |
1.4 |
1.4 |
| 2018 |
1.3 |
1.3 |
| 2019 |
1.3 |
1.3 |
| 2020 |
1.3 |
1.3 |
| 2021 |
1.1 |
1.2 |
| 2022 |
1.1 |
1.2 |
2022 Membership for Los Angeles City Employees Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 24,917 |
22,399 |
10,379 |
57,695 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Los Angeles City Employees Retirement System
2001-2022
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-179.4 |
6,537.1 |
| 2002 |
-225.4 |
5,991.4 |
| 2003 |
-226.6 |
5,985.1 |
| 2004 |
-187.2 |
6,895.3 |
| 2005 |
-155.2 |
7,413.5 |
| 2006 |
-112.0 |
8,226.9 |
| 2007 |
-85.4 |
9,733.1 |
| 2008 |
-99.6 |
9,083.2 |
| 2009 |
-137.7 |
7,144.6 |
| 2010 |
-218.9 |
7,836.8 |
| 2011 |
-264.4 |
9,227.2 |
| 2012 |
-201.8 |
9,098.2 |
| 2013 |
-174.2 |
10,199.6 |
| 2014 |
-175.4 |
11,844.4 |
| 2015 |
-171.9 |
11,981.1 |
| 2016 |
-138.5 |
11,870.2 |
| 2017 |
-144.0 |
13,250.7 |
| 2018 |
-187.3 |
14,313.2 |
| 2019 |
-219.5 |
14,895.8 |
| 2020 |
-189.6 |
15,012.1 |
| 2021 |
-294.9 |
19,023.7 |
| 2022 |
-362.1 |
17,106.3 |
2022 Cash Flows for Los Angeles City Employees Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 837.2 |
1,199.3 |
-1,555.2 |
-1,917.4 |
Cash Flow as a Percentage of Assets
Los Angeles City Employees Retirement System
2001-2022
| Fiscal Year |
Los Angeles City Employees Retirement System |
National Average |
| 2001 |
-2.7 |
-2.1 |
| 2002 |
-3.8 |
-2.4 |
| 2003 |
-3.8 |
-2.6 |
| 2004 |
-2.7 |
-2.0 |
| 2005 |
-2.1 |
-2.2 |
| 2006 |
-1.4 |
-2.2 |
| 2007 |
-0.9 |
-2.1 |
| 2008 |
-1.1 |
-2.3 |
| 2009 |
-1.9 |
-3.1 |
| 2010 |
-2.8 |
-3.2 |
| 2011 |
-2.9 |
-3.1 |
| 2012 |
-2.2 |
-3.3 |
| 2013 |
-1.7 |
-3.1 |
| 2014 |
-1.5 |
-2.9 |
| 2015 |
-1.4 |
-2.8 |
| 2016 |
-1.2 |
-3.0 |
| 2017 |
-1.1 |
-2.9 |
| 2018 |
-1.3 |
-2.6 |
| 2019 |
-1.5 |
-2.6 |
| 2020 |
-1.3 |
-2.4 |
| 2021 |
-1.6 |
-2.1 |
| 2022 |
-2.1 |
-2.1 |
