ELECTION OPPORTUNITY FOR ACTIVE WPERP AND RETIRED AND SEPARATED PARTICIPANT REPRESENTATIVES
The Office of the City Clerk – Election Division, on behalf of the City of Los Angeles Deferred Compensation Plan (the “DCP”), will be administering an election for the Board of Deferred Compensation Administration (“Board”). This election will be for the following seats:
Active Water and Power Employees’ Retirement Plan (WPERP) Participant Representative – This seat can be held by a current participant in the DCP (meaning they have an account balance with the DCP), and who is also an active employee participant of the WPERP.
Retired and Separated Participant Representative – This seat can be held by a current participant in the DCP (meaning they have an account balance with the DCP), and who is also a former City employee retired or separated from City service.
The term for these positions will begin July 1, 2021 and will end June 30, 2024.
WHY RUN FOR THE BOARD?
The DCP is known for constantly innovating and improving its services to best meet the needs of City employees. It serves more than 50,000 participants and manages over $8 billion in assets. This is your opportunity to:
Let your voice be heard and be confident that your interests are represented.
Support initiatives that will benefit you and your colleagues.
Create an impact on plan design, vendor selection, and all related matters affecting the administration of the DCP.
ELECTION CALENDAR HIGHLIGHTS
March 18, 2021 – Candidate materials will be made available from the DCP staff by request either by email or in-person by appointment. To obtain candidate materials, please contact Mindy Lam at the DCP at (213) 978‑1644 or via email at mindy.lam@lacity.org.
April 1, 2021 – Deadline for submission of candidate materials. To return candidate materials, please contact Mindy Lam at the DCP at (213) 978‑1644 or via email at mindy.lam@lacity.org.
Late April – Ballots and voting instructions will be mailed to eligible participants.
May 13, 2021 – Election Day; all ballots must be received by this date.
RUNNING FOR THE ACTIVE WPERP REPRESENTATIVE SEAT
You are eligible to run as a candidate for the Active WPERP Participant Representative Board seat if you are a current participant in the DCP (meaning you have an account balance with the DCP), and are also an active contributing member of the WPERP.
To qualify to be placed on the official ballot, you must obtain a minimum of 50 and not more than 100 valid signatures from current active participants in the DCP who are also actively contributing members of the WPERP by April 1, 2021. Original and/or scanned signatures are acceptable.
RUNNING FOR THE RETIRED/SEPARATED PARTICIPANT REPRESENTATIVE SEAT
You are eligible to run as a candidate for the Retired/Separated Participant Representative Board seat if you are a current participant in the DCP (meaning you have an account balance with the DCP), and are also a former City employee retired or separated from City service.
To qualify to be placed on the official ballot, you must submit a completed candidate petition by April 1, 2021.
OBTAINING AND RETURNING CANDIDATE MATERIALS
Candidate materials will be available beginning Thursday, March 18, 2021. Once completed, candidate materials must be returned no later than Thursday, April 1, 2021, either by email or in-person by appointment. To obtain and return candidate materials, please contact Mindy Lam at the DCP at (213) 978-1644 or via email at mindy.lam@lacity.org.
VOTING AND ELECTION DAY
If eligible for voting before April 13, 2021, you will receive your election ballot and voting instructions in the mail beginning Thursday, April 22, 2021.
Return completed ballots by May 13, 2021 by mail or hand delivery to the contactless mail slot at the front door of:
Office of the City Clerk – Election Division
555 Ramirez Street, Space 300
Los Angeles, CA 90012
8:00 a.m. - 5:00 p.m.
To help slow the spread of Coronavirus (COVID-19), the Office of the City Clerk – Election Division is closed for in-person services. Members may set up an appointment with the Office of the City Clerk – Election Division by emailing Clerk.ElectionAdmin@lacity.org to obtain a replacement ballot for damaged, spoiled, or lost/non-received ballots, upon filing an Affidavit of Loss/Non-Receipt by May 13, 2021.
New participants who become eligible after April 13, 2021 and before Election Day who wish to vote must obtain a certificate verifying their eligibility to vote by contacting Mindy Lam at (213) 978-1644 or via email at mindy.lam@lacity.org. Members may present the certificate to the Office of the City Clerk – Election Division to receive a ballot by emailing Clerk.ElectionAdmin@lacity.org to make an appointment.
ABOUT THE BOARD OF DEFERRED COMPENSATION ADMINISTRATION
The Board is responsible for oversight of the City’s DCP. These responsibilities include plan design, vendor selection, investment review, and all related matters affecting the administration of the DCP.
Board members attend regular monthly meetings, approximately two hours in length, which are generally held on the third Tuesday of each month. They can also expect to spend approximately 2‑4 hours each month reviewing materials for these meetings. In addition, the Board may periodically conduct special meetings. There is no compensation provided for serving on the Board.
The nine-member Board is comprised of:
the General Managers of LAFPP, LACERS, and the Personnel Department;
Water & Power Employees’ Retirement Plan (WPERP) Manager;
a labor representative appointed by the City’s unions; and
an elected representative from each of the DCP’s membership groups: active LAFPP members, active LACERS members, active WPERP members, and retirees/separated members.
If you have any questions about the elections process, please feel free to contact Mindy Lam at the DCP at (213) 978-1644 or via email at mindy.lam@lacity.org.
FUTURE ELECTIONS
2023 - Active LACERS Participant Representative and Active LAFPP Participant Representative