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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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Retiree runoff results announced

September 10, 2021

The TRSL Board of Trustees received voting results for the retiree runoff election at its September meeting. Clyde F. Hamner (Houma) was elected as retiree representative with 57.39% of the vote. Debbie Meaux (Lafayette) received 42.61%.  Hamner retired after 33 years of teaching and administrative service in Terrebonne Parish. His four-year term on the TRSL Board begins January 2022. The TRSL Board of Trustees meets mo...

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