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Recent News

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TRSL/LASERS letter to the editor

This letter to the editor was published in The Advocate on June 13, 2019. The close of the 2019 legislative session and the departure of many respected legislators is a fitting time to reflect on strides the state has made to protect the health of its two largest pension plans that provide retirement benefits to public school teachers and state employees. For those who are unaware, Louisiana has been a frontrunner in the nation for implemen...

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TRSL Board announces winner in colleges/universities run-off election

Baton Rouge — Thomas F. Stafford, Ph.D., of West Monroe, has been elected to serve on the TRSL Board of Trustees as the representative for active members employed in a college or university. Results from the run-off election were announced at the Board’s December meeting.   Stafford, who is a professor at Louisiana Tech University, received 69.55% of the vote against Cyrille M. Frey of Destrehan. His four-year term on the TRSL ...

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TRSL adds $1.1 billion in assets, DROP interest announced

UPDATE: At its November meeting, the TRSL Board of Trustees adopted revisions to the projected employer contribution rates for FY 2019-2020 due to changes in investment earnings assumptions. The revised contribution rates for all employers represent a decrease from current contribution rates. For K12 employers, the revised rate will be 26.0%, and for higher education employers the revised rate will be 25.3%. These revised rates are subject to app...

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TRSL Board makes interim appointment, receives election results

Baton Rouge - At its October meeting, the TRSL Board of Trustees made an interim appointment to the District 1 seat and received voting results for the colleges and universities election. DISTRICT 1: The board appointed Neshelle S. Nogess, M.B.A. of Lutcher to serve the remainder of the unexpired term of former District 1 trustee Britt Colon who resigned from the board in July. Nogess will serve as an interim trustee until December 31, 2018. ...

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