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.
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.
Membership Plans & Categories
Here you will find the contribution rate, accrual rate, and retirement eligibility for each of LASERS membership plans.
Money Saving Reforms
Check out the legislative steps taken to reduce employer costs and improve the funding of the System.
LASERS Experience Account & COLAs
View the facts about LASERS Experience Account, COLA eligibility, the history of COLAs, and details of recent COLAs.
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.
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.
LASERS COLAs vs. Social Security Benefits
View various charts comparing LASERS COLAs to Social Security benefits.
CPI-U vs. COLA
View a chart comparing the Consumer Price Index (CPI-U) vs. COLA from 2000-2023.
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.
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.
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.
This report from the National Institute on Retirement Security (NIRS) measures the economic impact of Defined Benefit (DB) pension expenditures.