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TRSL Board receives District 7 run-off election results

June 15, 2021

Baton Rouge — At its June meeting, the TRSL Board of Trustees received voting results for the District 7 special run-off election. Suzanne Breaux (Vermilion Parish Schools) will serve as the District 7 Board of Trustees representative after receiving the most votes in a special election run-off against Kelly Allen, M.A. (St. Mary Parish Schools).  Breaux received 64.86% of the vote, while Allen received 35.14%.  Breaux...

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TRSL Director Katherine Whitney discusses COLAs at virtual LRTA Spring Meeting

June 15, 2021

TRSL Director Katherine Whitney discusses COLAs at virtual LRTA Spring Meeting   TRSL Director Katherine Whitney used her time at this year’s virtual LRTA Spring Meeting to walk attendees through the basics of cost-of-living adjustments (COLAs), including how they are funded and when they are granted. She also discussed the findings from a recent COLA report (requested by the legislature) on new ways to fund COLAs. To watch her prese...

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TRSL Board receives District 7 election results, run-off forthcoming

April 9, 2021

Baton Rouge— At its April meeting, the TRSL Board of Trustees received voting results for the District 7 special election. Because no candidate received more than 50% of the vote, a run-off election will be held between the top two candidates who received the most votes in the primary.   Moving forward in the run-off election will be Suzanne Breaux (Vermilion Parish Schools) with 50% of the vote and Kelly Allen, M.A. (St. Mary Parish...

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TRSL Valuation: Funded status climbs; DROP interest rate announced

December 14, 2020

Baton Rouge—The latest actuarial valuation report for the Teachers’ Retirement System of Louisiana (TRSL) was approved by the Public Retirement Systems’ Actuarial Committee (PRSAC) today. The valuation report shows the System’s funded status continues to climb, reaching 67.9% up from 67.1%, last year. The funded ratio is a measure of the retirement system’s assets against its liabilities and is a metric commo...

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