Month: February 2026

We invite you to read our newsletter filled with announcements and benefit topics including Tier 5 Member Contribution Rate Reduction, Solicitation for Financial/Retirement Planning, Updating Your Beneficiaries Online, and more.

Click here to view Newsletter.

LAFPP is pleased to present our 2025 Annual Report. This report provides financial information, such as the department’s budget summary, investment portfolio performance, asset allocation, plan actuarial data, statistical information, and a summary of plan provisions for the fiscal year ending June 30, 2025.

Some of the highlights in this year’s report include:

• The Plan serves nearly 27,000 active and retired public safety members and their beneficiaries.
• The Plan achieved a historic milestone by becoming fully funded for pension benefits at 100.5%, the first time since 2004. Health benefits funding also remains strong at 78.1%.
• Plan assets grew to $34 billion, an increase of nearly $3 billion over the prior fiscal year.

LAFPP continues to evolve as an organization as we strive to provide a secure and prosperous future for our members. The Board and staff are committed to efficient administration and prudent investment strategies to grow and protect Plan assets over the long-term.

In addition to this report, our historical annual reports, actuarial valuations, and financial statements are available on the Financial Reports page of our website.