Our most remarkable growth in LASERS over the past 75 years is in the area of investments. Our retirement fund balance was $1.1 million in 1947 and today it stands in excess of $12 billion.

LASERS is a long-term investor managed by its Board of Trustees and a team of dedicated investment professionals. Investment income is typically the main source of revenue for benefits paid to our members and their beneficiaries. LASERS team takes seriously its role in providing retirement security for our members.

This is achieved by maintaining an appropriate asset allocation, which consists of broadly diversified assets and minimizing exposure to risk. The investment approach is structured to preserve and enhance principal over the long-term. While investments are diversified to minimize the risk of significant losses, short-term fluctuations are expected and do not cause the Plan to veer off course.

Scroll down to view a timeline and growth over the years, our asset allocation history, and more.