REPRESENTATION

CRCEA California Retired County Employees Association	SACRS State Association of County Retirement Systems
BOARD OF RETIREMENT LACERA BOARD OF RETIREMENT	BOARD OF INVESTMENTS LACERA BOARD OF INVESTMENTS

California Retired County Employees Association

RELAC is a member in good standing and is closely affiliated with CRCEA. CRCEA is a coalition of associations of retired county employees from the twenty California counties with retirement systems. They have expanded membership activities and services and are now organized as a non-profit corporation representing over 160,000 retired county employees throughout California. CRCEA's general purpose is to provide a central coordinating group through which the desires and objectives of the local county associations may be advanced. RELAC, as an associate of CRCEA, believes that belonging to and working closely with CRCEA gives us a stronger and more effective voice in introducing and passing statewide legislation that benefits all California county retirees. RELAC and CRCEA are also initiating, developing and monitoring Federal legislation for the purpose of enhancing benefits for county retirees.

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State Association of County Retirement Systems

RELAC, like CRCEA and LACERA, is a member of SACRS. Through its legislative activities they are charged with the responsibilities of protecting and enhancing the rights of both active and retired county employees, their beneficiaries and their county retirement systems. RELAC, CRCEA, LACERA and SACRS have common goals enhancing and protecting the benefits of retired county employees, their beneficiaries and their respective retirement systems.

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LACERA BOARD OF RETIREMENT

Bill de la Garza, Past President of the RELAC Board of Directors, also serves on the LACERA Board of Retirement. Bill is dedicated as well as energetic and RELAC members will be well served by his membership on this important Board. LACERA promotes, enhances, and efficiently administers a financially sound program of earned retirement and health benefits for active and retired association members and beneficiaries through the prudent investment and conservation of plan assets. Their mission is accomplished through the administration of two separate Boards of Directors; the Retirement Board and the Investments Board as outlined in the 1937 Retirement Act. Both Boards are assisted in their duties by a staff of approximately 310 employees, all specialists in their respective areas of responsibility. The individual Boards of Directors are comprised of nine members each, with the Retirement Board also having a safety member alternate. Each Board has four members elected by association membership and four members appointed by the Board of Supervisors. The County Treasurer is an ex-officio member of both Boards by state law. Both Boards meet twice a month on a regular basis or, additionally, when needed. The meetings are open to the membership. RELAC, as the county’s largest retired member organization, continues to responsibly work cooperatively with LACERA and continues to monitor both the Board of Retirement and Board of Investments in the best interests of all retirees.

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LACERA BOARD OF INVESTMENTS

Diane Sandoval, Past President and current Treasurer of the RELAC Board of Directors, also serves on the LACERA Board of Investments as your retiree representative. Diane is dedicated and RELAC members will be well served by her membership on this important Board. The LACERA Board of Investments is responsible for investing the assets of the Retirement System and for determining the retirement contribution rates of the members and the employer (Los Angeles County). The Board of Investments has exclusive control of all retirement system investments and is responsible for establishing investment objectives, strategies, and policies. LACERA Board meetings are held on the 2nd and 4th Wednesday of each month at the LACERA headquarters located at 300 N. Lake Avenue, 8th Floor, Pasadena, CA and begin at 9:00 a.m. LACERA Board of Investments meetings are open to the public.

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