About Us
Los Angeles Fire and Police Pensions is dedicated to administering the defined benefit retirement plan for sworn (Fire, Police, and certain Port Police and Airport Police) employees of the City of Los Angeles.
In addition to our core role of managing the pension plan benefits, our services include pre-retirement and retirement counseling, and retiree health and dental subsidy program administration.
LAFPP has been serving eligible members and their beneficiaries since June 7, 1899. We continue our efforts to provide professional and prompt service to 12,571 active members and 14,131 retirees and beneficiaries.
Mission Statement
To advance the health and retirement security of those who dedicate their careers and risk their lives to protect the people of Los Angeles.
Vision Statement
A secure and prosperous future for our members.
Guiding Principles
- Ensure A Financially Sound Retirement System
- Manage Risk Throughout the Organization
- Enhance Customer Care and Stakeholder Relations
- Pursue Operational Efficiencies
- Build and Support a Talented Workforce
- Promote Diversity, Equity, and Inclusion (DEI) Throughout the Organization, Including Our Investment Portfolio and Business Partners
Our Values
Collaboration
We value teamwork to achieve success and encourage staff at all levels to share ideas and offer suggestions for improving operations. We are enriched by our engagement with the Board, our members and our stakeholders.
Respect
We treat each other and our members with kindness and dignity. We promote a fair environment and support each other by sharing information and knowledge to ensure we deliver quality services.
Efficiency
We continually search for ways to deliver quality services and reduce administrative expenses. We promote innovation throughout the organization and use performance measurement to drive decisions.
Accountability
We recognize our responsibility to our members to deliver promised pension benefits. We ensure appropriate oversight to achieve excellence in service, operational, and investment decision making.
Transparency
We strive to always provide clear, accurate, and complete information, and transact business decisions in an open manner so that our members, the City, and the public can trust that our decisions are fair, honest, and ethical.
Ethics
We preserve the public trust by adhering to the ethical standards established by the State, the City, and our Board.
Diversity
We embrace diversity, equity, and inclusion (DEI), and we believe in the power of DEI to enrich our organization.