The value of TRSL pensions: Economic impact & retirement security
TRSL is the state’s largest public retirement system, providing benefits and services to more than 199,000 individuals. The retirement system also provides critical retirement income to retirees and beneficiaries and is an important economic engine for Louisiana.
With TRSL, more than 79,000 retirees and beneficiaries have a steady, monthly income—giving them buying power in their communities. Every parish in Louisiana benefits from TRSL pensions.
In FY 2019, TRSL paid out $2.2 billion in benefits. Approximately $1.9 billion -– almost 90% — went to retirees and beneficiaries living in Louisiana where they buy local goods and services.