Just the Facts
This page is designed to provide accurate information regarding LASERS and to dispel inaccuracies. We hope to put your mind at ease with the facts.
View the Report on Alternative Funding Mechanisms for Permanent Benefit Increases (PBIs) / Cost of Living Adjustments (COLAs) presented at the Joint Retirement Committee on December 17, 2020. (PDF)
Check out LASERS Fact Sheet. (PDF)
View the Pensionomics 2021 report from the National Institute on Retirement Security (NIRS) measuring the economic impact of Defined Benefit (DB) pension expenditures. (PDF)
This NASRA brief examines alternative types of retirement plans, including a traditional Defined Benefit (DB) plan combined with an individual Defined Contribution (DC) retirement savings account, referred to as a “DB+DC plan.”
NASRA COLA Brief (PDF)
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.
Facts about COLAs and LASERS Experience Account. (PDF)
View chart comparing the CPI-U vs. COLA from 2000-2019. (PDF)
Debt Owed to LASERS Projected to Decrease by $1 Billion in Five Years and $5 Billion in 18 years. View the Payment Chart. (PDF)
Review the 2020 Actuarial Valuation, which shows the sustainability of the System. (PDF)