Defined Benefit Plan members: Fiscal Year 2021-22 employer contributions for each TRSL sub-plan will begin July 1, 2021, at the established rates below.
Optional Retirement Plan (ORP) participants: For TRSL employers who 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.
Questions about implementation of the new rates?
ContactEd Branaganat 225-925-6446, ext. 4846 or toll-free (outside the Baton Rouge calling area) at 1-877-275-8775, ext. 4846.