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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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Teachers' pension clinches #1 spot for investment returns

Baton Rouge – The Teachers’ Retirement System of Louisiana (TRSL) ended Fiscal Year 2018 with an 11.56% market rate of return (net of fees), making it #1 among public pension plans with assets greater than $1 billion. “We are extremely pleased with the performance of our investments,” said TRSL Director Dana Vicknair. “Thanks to our strong market return, TRSL has $21.05 billion in assets—up $1.5 billion over...

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Taylor wins retiree run-off election for TRSL Board

Baton Rouge — Receiving 77.4% of the vote, James A. Taylor, Sr., J.D., Ph.D., of Baton Rouge, has been re-elected to the TRSL Board of Trustees as a retiree representative. Results from the run-off election between Taylor and Nita Chambers of Alexandria were announced at the Board’s September meeting. “I am grateful for the support I received and pledge to continue to help make TRSL the most effective and efficient retirement...

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What you need to know about Social Security and your TRSL retirement

TRSL members may be eligible for Social Security benefits through their spouse or from another job in which they paid into Social Security. However, under federal Social Security law, these benefits may be reduced or even eliminated upon receiving a retirement benefit from TRSL. So, why will my Social Security benefits be reduced or eliminated? Originally, the State of Louisiana was not allowed to participate in Social Security to...

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