Strong market return boosts TRSL assets to an all-time high
August 6, 2014
Baton Rouge – The Teachers’ Retirement System of Louisiana (TRSL) ended Fiscal Year 2013-14 with an 18.4% market rate of return (net of fees), bringing its assets to an all-time high of $16.9 billion. “We are extremely pleased with the performance of the system’s investments,” said TRSL Director Maureen H. Westgard. “Thanks to the portfolio’s strong market return, TRSL assets are up $2.2 billion over l...
Retiree primary elections results announced, run-off to be held
July 11, 2014
Baton Rouge – A run-off election for a retiree representative on the Teachers’ Retirement System of Louisiana (TRSL) Board of Trustees will be necessary as no candidate received more than 50% of the vote. James A. Taylor, Sr., J.D., Ph.D. and Darlene L. LeBlanc, both of Baton Rouge, were the two candidates who received the most votes in the primary election, and will be on the run-off election ballot. Taylor received 22.19% and LeB...
TRSL recognized for excellence in financial reporting and administration
June 16, 2014
Baton Rouge – The Teachers’ Retirement System of Louisiana (TRSL) recently received three prestigious honors for its financial reporting and system management. For the 23rd consecutive year, TRSL was honored for its 2013 Comprehensive Annual Financial Report, and the system’s 2013 Popular Annual Financial Report received recognition for the 12th consecutive year. The Government Finance Officers Association (GFOA) presented TR...
Abshire, Luce re-elected to TRSL Board; three other elections to be held this year
May 21, 2014
Baton Rouge – At its May meeting, the TRSL Board received the list of candidates qualifying for the five trustee positions up for election this year. Two TRSL board members were re-elected without opposition. Sheryl R. Abshire, Ph.D. (District 7) and Alonzo R. “Lonnie” Luce, Ph.D. (Superintendents) were the sole qualifying candidates in their respective districts. Both will serve four-year terms beginning January 1, 2015. ...