Teachers are paying a sizable share toward retirement benefits: A letter to the editor
February 11, 2015
The following letter to the editor from state Rep. Kevin Pearson (LA-Slidell) appeared on The Times-Picayune website, www.nola.com, on February 10, 2015. Rep. Pearson chairs the House retirement committee in the Louisiana Legislature. Most people value and respect our teachers, police officers and firefighters to such a degree that they believe these individuals deserve fair compensation for their sacrifices. Additionally, most people are fair...
NCTQ study findings called into question
February 3, 2015
The following response to the NCTQ study comes from the National Council on Teacher Retirement A new “report card” from the National Council on Teacher Quality (NCTQ) claims that “70 cents on every dollar contributed to state teacher pension systems pays for debt, not retirement benefits,” and gives States an average overall grade of C- for their teacher pension policies. The report, entitled Doing the Math on Tea...
TRSL Board's vice chair pens letter to the editor
January 29, 2015
The following letter to the editor appeared in The Advocate (Baton Rouge) on January 29, 2015. As a member of the Board of Trustees for the Teachers’ Retirement System of Louisiana (TRSL) for the past 24 years, I often get asked questions about the board’s investment goals and strategies. Our primary goal is to ensure the system’s portfolio has the right mix of investments to fund retirements in the long term. A rece...
TRSL responds to new study about teacher pensions
January 27, 2015
A “study” by the National Council on Teacher Quality (NCTQ) actually does a disservice to the very teachers it claims will benefit from changes to retirement options currently available. TRSL provided NCTQ with a response to the report on Louisiana’s retirement system for teachers. Here is a condensed version of our response. TRSL is flexible and portable. It is TRSL’s position that the traditional defined benefit (D...