Louisiana flooding and TRSL benefit payments
August 16, 2016
Our thoughts and prayers are with the many TRSL members and employees who have been impacted by the historic flooding in our state. TRSL does not anticipate any disruption of September benefit payments via direct deposit. For individuals in flood-impacted areas who receive paper checks by mail, TRSL will monitor the situation and keep them posted regarding mail delivery issues. Some DROP checks payable August 15 and member...
Available online now: Latest quarterly DROP/ILSB statements
July 1, 2016
Log into TRSL's secure Member Access to see your latest quarterly DROP/ILSB statement. As of July 1, quarterly DROP/ILSB statements will be available exclusively online through TRSL's secure Member Access. In our ongoing efforts to conserve resources, paper statements will no longer be mailed. Sign up for Member Access today to gain access to all of your important TRSL account information. If you need...
Report on pension reform in the U.S.
June 14, 2016
The National Association of State Retirement Administrators (NASRA) recently completed a comprehensive review and compilation of public pension reforms since the Great Recession and the global financial crisis. According to the report, Significant Reforms to State Retirement Systems, the period from 2009 to 2014 marked the greatest period of change in the history of public pensions. While there were no one-size-fits-all solutions, virtually every...
Governor's signature clears way for COLAs
May 19, 2016
Today, Gov. John Bel Edwards signed three bills into law that, taken together, allow TRSL to pay a 1.5% permanent benefit increase (also called COLA) to eligible TRSL retirees and beneficiaries on July 1. Senate Bill 2, sponsored by Sen. Barrow Peacock, authorizes the 1.5% COLA calculated on the first $60,000 of the retirement benefit. Granting of the COLA was contingent upon passage of Senate Bill 5 and Senate Bill 18, also sponsored by Sen. ...