email : Webview : Sept LINKS: SPECIAL ISSUE "Pension Power"

LINKS SPECIAL EDITION - September 2019

Part 1 in a 3-part series

How will you pay your bills when you're ready to retire?

That's a question you may not be focused on right now. But, retirement can sneak up on you. And, we want you to be prepared for it.

The good news is you're a member of TRSL. So you’re already preparing for your financial future by contributing to your retirement with every paycheck.

Your TRSL membership guarantees you a lifetime income once you're eligible to retire.

How's that possible?

You've got a TRSL defined-benefit pension! That means your retirement benefit will be based on your years of service and your average compensation... not the balance in a retirement account. Learn more about your benefit here.

Even in challenging financial market conditions and uncertain economic times, you will be able to count on the stability of your TRSL benefit.

Here's how it works...

You and your employer contribute to your future retirement throughout your career. During that time, those contributions are invested by the TRSL Board of Trustees and its investment professionals.

Simply put, your future retirement benefit is funded by contributions from you and your employer, as well as the investment earnings those contributions generate. Find out more about the TRSL Board and your board representative here and about TRSL's investments here.

Wait... there's more!

In addition to your lifetime benefit, a TRSL membership comes with access to other valuable protections for you and your family:

TRSL offers DISABILITY RETIREMENT if you suffer a total and permanent disability in the course of your work in TRSL-covered employment and meet eligibility requirements.
If you designate a beneficiary once you retire, you can provide a LIFETIME BENEFIT for a loved one upon your death.
Your spouse and/or minor children may be eligible to receive SURVIVOR BENEFITS if you die while actively working in a TRSL-covered position.
If you leave employment in a TRSL-covered position, TRSL has PORTABILITY OPTIONS for your TRSL retirement.

DID YOU KNOW... Most Louisiana educators
cannot participate in Social Security, so TRSL is
often their primary source of income in retirement.

Stability you can rely on

TRSL is the state's largest retirement system, and has served Louisiana educators for more than 80 years. Generations of members and their families have taken comfort in knowing that they have a reliable source of monthly income with TRSL. You will, too!

Benefits worth protecting

Your TRSL membership is an important part of your financial future. That's one reason why your TRSL retirement benefit is guaranteed by the Louisiana Constitution. And at TRSL, we're committed to protecting TRSL pensions for you and future Louisiana educators. We're ready to partner with you to LEARN MORE and DO MORE with your TRSL membership:

NEXT ISSUE (January 2020): The value of your TRSL benefit

Is your financial security in retirement important to you?
Do you know how much your TRSL benefit will be?
What are you doing to LEARN MORE and DO MORE about your financial future?