The economic impact of your retirement system
April 11, 2017From providing reliable retirement income to helping Louisiana businesses grow, TRSL has a major economic impact on the state. Our latest Investing in Louisiana report shows how TRSL benefits are at work in Louisiana—and in your parish.
Here are some highlights from Fiscal Year 2016:
- TRSL paid more than $2 billion in retirement benefits.
- Some 89% of TRSL benefit recipients live in Louisiana where they spend pension dollars in their communities.
- TRSL pensions support approximately 15,890 Louisiana jobs and nearly $693 million in income.