TRSL Valuation: Funded status climbs; DROP interest rate announced

December 14, 2020

Baton Rouge—The latest actuarial valuation report for the Teachers’ Retirement System of Louisiana (TRSL) was approved by the Public Retirement Systems’ Actuarial Committee (PRSAC) today. The valuation report shows the System’s funded status continues to climb, reaching 67.9% up from 67.1%, last year. The funded ratio is a measure of the retirement system’s assets against its liabilities and is a metric commo...