New report shows impact of pensions (by parish)
May 26, 2017
“Pensions in the Parishes,” a new report by Jeanie Donovan of the Louisiana Budget Project illustrates how Louisiana’s pension systems, including TRSL, impact each parish. The report finds that Louisiana’s state pension systems are critical to working families and retirees across the state, and also serve as key economic drivers in every city, town and parish in Louisiana. According to the report, Louisiana’s pens...
TRSL investment assets total $18.1 billion, an all-time high
May 16, 2017
TRSL investment assets reached an all-time high of $18.1 billion as of April 30, 2017. This number reflects steady growth over the past decade, and speaks good news for the system as it continues to outperform similarly sized public pension plans. The system's one-, two-, and seven-year investment returns ranked first among public pension plans with assets over $1 billion, according to Wilshire Trust Universe Comparison Service (TUCS) &nda...
2017 TRSL Board of Trustees: Notice of Forthcoming Retiree Election
May 15, 2017
Within the next two weeks, retirees will receive voting information for the upcoming election of the retiree representative on the TRSL Board of Trustees. Everyone Counts, Inc. of La Jolla, CA, will mail this information directly to eligible voters. If you don’t receive it by June 1, please contact us: · Phone: (225) 925-6446, ext. 6109 · Toll-fre...
The economic impact of your retirement system
April 11, 2017
From providing reliable retirement income to helping Louisiana businesses grow, TRSL has a major economic impact on the state. Our latest Investing in Louisiana report shows how TRSL benefits are at work in Louisiana—and in your parish. Here are some highlights from Fiscal Year 2016: TRSL paid more than $2 billion in retirement benefits. Some 89% of TRSL benefit recipients live in Louisiana where they spend pension dollars in th...