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  • JUST THE FACTS

Just the Facts

This page dispels inaccuracies and provides accurate information regarding LASERS. We hope to put your mind at ease with the facts.

Get the Facts (2023)

Check out the System’s current assets, membership figures, legislative reforms, and more.

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State Retirement Systems of Louisiana

The state systems presented their structure, governance, benefits, costs, pension reforms, and more to the House Retirement Committee on April 7, 2022.

View the Presentation

Membership Plans & Categories

Here you will find the contribution rate, accrual rate, and retirement eligibility for each of LASERS membership plans.

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Money Saving Reforms

Check out the legislative steps taken to reduce employer costs and improve the funding of the System.

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LASERS Experience Account & COLAs

View the facts about LASERS Experience Account, COLA eligibility, the history of COLAs, and details of recent COLAs.

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UAL Payment Chart

The Unfunded Accrued Liability (UAL) is the debt owed to LASERS. The UAL is projected to decrease by $1 Billion in five years and $5 Billion in 18 years.

View the Chart

Actuarial Valuation (2022)

This report presents the results of the actuarial valuation of assets and liabilities, as well as funding requirements, for LASERS as of June 30, 2022.

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LASERS COLAs vs. Social Security Benefits

View various charts comparing LASERS COLAs to Social Security benefits.

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CPI-U vs. COLA

View a chart comparing the Consumer Price Index (CPI-U) vs. COLA from 2000-2023.

View the Chart

Alternative Funding Mechanisms for COLAs

The state retirement systems presented alternative funding mechanisms for permanent benefit increases (PBIs) / cost-of-living adjustments (COLAs) to the Joint Retirement Committee on December 17, 2020.

View the Presentation

NASRA COLA Brief

This NASRA brief presents a discussion about the purpose of COLAs, the different types of COLAs provided by government pension plans, and an overview of recent state changes to COLA provisions.

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NASRA Brief: State Hybrid Retirement Plans

This NASRA Brief discusses the degree to which the core design features of cash balance and Defined Benefit (DB)-Defined Contribution (DC) combination plans have been retained in public sector hybrid plans.

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Pensionomics (2023)

This report from the National Institute on Retirement Security (NIRS) measures the economic impact of Defined Benefit (DB) pension expenditures.

View the PDF
View the Louisiana Fact Sheet

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LASERS

MAILING ADDRESS:
P.O. Box 44213
Baton Rouge, LA 70804-4213

STREET ADDRESS:
8401 United Plaza Boulevard, 1st Floor
Baton Rouge, LA 70809

BENEFITS

Speak to a Retirement Benefits Analyst Monday - Friday, 7:30 a.m. - 4:00 p.m.

Local: 225.922.0600
Toll-free: 800.256.3000
Fax: 225.935.2856

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