America Saves Week: Commit to Your Financial Security
February 19, 2016
The good news: There are more financial planning tools now than ever before! The bad news: More than half of working-age households aren’t prepared for retirement, and new data shows that number is climbing. Next week is America Saves Week. It’s an annual event to help more Americans learn about good savings behaviors and make a commitment to their own financial security. To read more, click here.
DROP interest approved
January 26, 2016
Baton Rouge — Deferred Retirement Option Plan (DROP) accounts for members who were eligible to participate in the program before January 1, 2004, will be credited with interest at 10.76%. Interest has been posted to eligible accounts. The Public Retirement System's Actuarial Committee (PRSAC) adopted the Teachers' Retirement System of Louisiana (TRSL) actuarial valuation, which included DROP interest, on January 21. TRSL ...
TRSL mails 1099-R forms
January 26, 2016
Baton Rouge—TRSL has mailed all 1099-R forms for benefit and DROP members. Members in zip code prefix 707 and 708 should begin to receive their 1099s on Thursday, January 28. Members outside of those areas should begin to receive theirs on Friday, January 29. You will need your 1099-R to file your IRS tax return. For security, TRSL only prints the last four digits of your Social Security number on your 1099-R form. View your 1099-R form ...
2015 Annual Report now available
December 4, 2015
Our 2015 Comprehensive Annual Financial Report is now available online for your review. To see the highlights of last year’s performance, take a moment to read our 2015 Popular Annual Financial Report (PAFR).