Employers: The Public Retirement Systems’ Actuarial Committee (PRSAC) met January 9 and adopted the 2017 TRSL actuarial valuation report, which included Fiscal Year 2018-19 employer contribution rates for all plans. Defined Benefit Plan members: Fiscal Year 2018-19 employer contributions for each TRSL sub-plan will begin July 1, 2018, at the established rates below.   Optional Retirement Plan (ORP) participants: For TRSL employers which are not under the supervision and control of a higher education board, La. R.S. 11:927 establishes the amount to be transferred to each ORP participant’s account (“Transfer Amount”) at 6.2%. The chart below reflects the employer contribution rate for ORP participants who are not employed by higher education boards or institutions.   If you have any questions about implementation of the new rates, please contact Ed Branagan at 225-925-6446, ext. 4846 or toll-free (outside the Baton Rouge calling area) at 1-877-275-8775, ext. 4846.

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