Deals and People December 20, 2010

L.A. Retirement System Announces New General Manager

December 20, 2010 (PLANSPONSOR.com) - The Los Angeles City Employees’ Retirement System (LACERS) Board of Administration announced the selection of Thomas Moutes for the position of General Manager, pending confirmation by the Mayor and City Council.
Reported by

A news release said Moutes has been Interim General Manager since October 2010. Prior to October, he was LACERS Assistant General Manager, a position he has held since 2007.   

Joining LACERS in 2001, he served as Chief Management Analyst heading the Retirement Services and Administrative Services Divisions, prior to becoming the Assistant General Manager.   

LACERS administers the City of Los Angeles’ pension plan to approximately 43,000 members and beneficiaries. Its portfolio is currently $10 billion, according to the announcement.

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