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The Organization

Los Angeles City Employees’ Retirement System (LACERS), a $25 billion pension fund, was established in 1937 by the Los Angeles City Charter as a retirement trust fund for the purpose of providing the civilian employees of the City of Los Angeles with a defined benefit retirement plan inclusive of service retirements, disability retirements, and survivor benefits. In 1999, LACERS began administering the retiree health insurance program as well. All regular, full-time, and certified part-time City employees, with the exception of employees of the Department of Water and Power and sworn LA Fire and Police employees, both of whom are covered by their own plans, are eligible for LACERS membership. The plan serves over 26,000 active employees and over 22,000 retirees and their beneficiaries.

The Opportunity

Reporting to the Board of Administration, the LACERS General Manager has fiduciary responsibility and is primarily responsible for the oversight of the daily internal operations and benefits administration of the City’s civilian retirement system under the direction of the Board. The General Manager will be responsible for the leadership, administration, and management of LACERS with Board delegation of authority. This position is responsible for providing service to over 48,000 members and beneficiaries and achieving the long-terms strategic objectives established by the Board. This includes, but is not limited to, formulating and ensuring the implementation of strategic plan initiatives, policies, procedures and management controls; ensuring continued compliance with applicable laws, regulations, the Los Angeles City Charter, and the Los Angeles City Administrative Code; and the oversight of a large and complex staff of over 200.

Education and Experience

• Bachelor’s degree required, Master’s degree preferred
• Minimum 5 years executive leadership experience with a large public or private retirement system or large city government department
• Experience working with Boards and Committees
• Understanding of retirement and pension funds and the challenges/issues they face
• Experience appearing before legislative and administrative bodies
• Strong communication and listening skills
• Knowledge of City Government, particularly with Los Angeles City government experience