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TRSL Board receives results of retiree election; run-off to be held

July 8, 2022

At its July meeting, the TRSL Board of Trustees received voting results for the retiree election.   As no candidate received more than 50% of the vote, a run-off election will be held with the top two candidates who received the most votes in the primary.   Moving forward in the run-off will be James A. Taylor Sr., J.D., Ph.D. (Baton Rouge) with 31.66% of the vote and Dr. Sheryl R. Abshire (Spring, Texas) with 29...

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2022 TRSL Board elections: Nogess and Nelson re-elected without opposition to board seats

May 9, 2022

Elections to be held for three other board seats   Baton Rouge, La. — Neshelle S. Nogess and Paul E. Nelson were re-elected without opposition to their trustee positions on the TRSL Board. Elections will be held later this year for three other seats on the board, which helps safeguard and manage assets for thousands of retirees and beneficiaries.   Nogess serves as the administrative director of revenue & taxation for the ...

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TRSL Board of Trustees Recommends 2% COLA

November 5, 2021

Baton Rouge, La. — At its November board meeting yesterday, the TRSL Board of Trustees recommended that a 2% COLA be paid to eligible retirees next year. In a resolution addressed to the Louisiana Legislature, the board took the first step in the granting process for what would be the first regular permanent benefit increase (also called COLA or PBI) since 2016. The next step is for a bill granting the COLA to be filed for considerati...

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Teachers' retirement system earns record return in FY 2021

September 20, 2021

The Teachers’ Retirement System of Louisiana (TRSL) earned a record 35.7% return on investments for the fiscal year ended June 30, 2021. The historic return generated more than $6.5 billion in the 12-month period, bringing the System’s assets to an all-time high of $26.9 billion. “The market proved to be very favorable for investors throughout FY 2021,” said Philip Griffith, TRSL Chief Investment Officer. “Our ...

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