b'COMPLIANCE SECTION U.S. BANK TOWER633 WEST 5TH STREET, SUITE 2600 LOS ANGELES, CA 90071 ___________________________________________________________________________________________________________________(213) 736-6664 TELEPHONE (213) 736-6692 FAX www.simpsonllp.com SIMPSON & SIMPSON CERTIFIED PUBLIC ACCOUNTANTS FOUNDING PARTNERSBRAINARD C. SIMPSON, CPAMELBA W. SIMPSON, CPAINDEPENDENT AUDITORS REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To the Board of Fire and Police Pension Commissioners Los Angeles Fire and Police Pension SystemWe have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, financial statements of the Pension Plan and Health Subsidy Plan, administered by the Los Angeles Fire and Police Pension System (the System), which comprise the statements of fiduciary net position as of June 30, 2024, and the related statements of changes in fiduciary net position for the year then ended, and the related notes to the financial statements for each plan, and have issued our report thereon dated November 27, 2024. Report on Internal Control Over Financial ReportingIn planning and performing our audit of the financial statements, we considered the Systems internal controloverfinancialreporting(internalcontrol)asabasisfordesigningauditproceduresthatare appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but notforthepurposeofexpressinganopinionontheeffectivenessoftheSystemsinternalcontrol. Accordingly, we do not express an opinion on the effectiveness of the Systems internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entitys financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this sectionandwasnotdesignedtoidentifyalldeficienciesininternalcontrolthatmightbematerial weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.6986 LAFPP ANNUAL REPORT 2024'