Since 1938, LACERA holds to its mission to produce, protect, and provide the promised benefits to the employees of Los Angeles County and participating agencies. We are the largest County retirement system in the United States, serving more than 189,000 members and survivors. As an independent governmental entity, separate and distinct from the County of Los Angeles, we have the flexibility to remain agile and provide an outstanding level of service. With our dedication to continual innovation, the LACERA member experience improves through technology. With governance by the Board of Retirement and Board of Investments, we attain the results our members expect of a world-class organization. As stewards of more than $73 billion in assets, LACERA positioned itself to weather rough economic storms through a prudent, diversified, and forward-thinking investment strategy. All of us at LACERA work to streamline and expedite retirement processes and introduce new member service options and upgrades.