Structure
A defined benefit plan under Section 401(a) of the Internal Revenue Code
Governance
The LASERS Board of Trustees governs your retirement system. It is composed of 13 members, nine of whom are elected by the membership.
- 6 of the elected Trustees are elected by active members
- 3 are elected by retirees
- 4 ex officio seats are occupied by the Louisiana State Treasurer, the Chair of the Senate Committee on Retirement, a member of the House Committee on Retirement, and the Commissioner of the Division of Administration, or their designees.
Membership
Membership in LASERS is mandatory for all state employees whose employing agencies are LASERS participants, except those exempted by state law.
For further details, please go to the General Membership section of the Membership Handbook.