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TRSL Board Members take oath of office
Holly Bridges Gildig (District 5) and Ricky Julien, Sr. (District 6) were sworn in to their new four-year terms of office at the TRSL Board of Trustee’s January meeting. Gildig and Julien both won re-election to their board seats last year.
Board elects new chair and vice chair
Additionally, TRSL board members voted Gildig to serve as Board Chair and David Hennigan (District 4) to serve as Board Vice Chair from January 2021 through December 2022.
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Holly Bridges Gildig, M.Ed., of Albany, is a 27-year educator, who works with the Livingston Parish Public School System. She has served on the TRSL Board since 2011.
Gildig represents members employed in District 5, which includes Caldwell, Catahoula, Concordia, East Carroll, East Feliciana, Franklin, Jackson, Livingston, Madison, Morehouse, Ouachita, Richland, St. Helena, Tangipahoa, Tensas, Union, West Carroll, and West Feliciana parishes.
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Ricky Julien, Sr., M.Ed., of Sunset, has been an educator and school administrator for more than 20 years with St. Landry and St. Martin parishes. He has represented TRSL members employed in District 6 since 2017.
District 6 includes Allen, Avoyelles, Beauregard, Evangeline, Grant, Jefferson Davis, LaSalle, Pointe Coupee, Rapides, St. Landry, St. Martin, Vernon, West Baton Rouge, and Winn parishes.
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David A. Hennigan, of Shreveport, has been a member of TRSL for 35 years, and has served as a trustee since 2012. He works in accounting and administration with the Bossier Parish School Board.
Hennigan represents members employed in District 4, which includes Bienville, Bossier, Caddo, Claiborne, DeSoto, Lincoln, Natchitoches, Red River, Sabine, and Webster parishes.
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District 7 special election
A special election is set for the TRSL Board of Trustees District 7 seat, which is currently vacant. The remainder of the four-year term will begin upon confirmation of the election results and end on Dec. 31, 2022.
If you are interested in representing your fellow TRSL active members, you can learn more about important deadlines and the candidate qualifying process here.
District 7 includes actively working members in the parishes of Acadia, Calcasieu, Cameron, Iberia, Lafayette, St. Mary, and Vermilion.
District 7 special election important dates:
- Qualifying ends: 4:30 p.m., Friday, January 29
- Election opens: Tuesday, February 23
- Voting deadline: 4:30 p.m., Thursday, March 25
NOTE: Retired members, superintendents, employees of colleges and universities, and members paid with school lunch funds are not eligible for this position. These groups each have their own representatives on the TRSL Board. Participants of the Optional Retirement Plan (ORP) are not members of the TRSL Regular Plan, and therefore are ineligible to run or vote in TRSL Board elections.
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COVID-19 office update
Virtual appointment options available
TRSL continues to follow important safety measures that prioritize the health and safety of members and employees.
Members can conveniently access essential retirement services through virtual appointments, telephone counseling, email, and Member Access, our online self-service platform.
While all member visits remain virtual, you can hand deliver time-sensitive documents to TRSL's drop box located in the building's lobby.
We're here to help. Connect with us.
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- Phone: 225-925-6446, ext. 1446
- Toll free (outside Baton Rouge) 1-877-275-8775, ext. 1446
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To schedule
a virtual appointment
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- Toll free (outside Baton Rouge) 1-877-275-8775, ext. 1446
Virtual counseling appointments are 30-minutes in length.
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Once logged in, you can change your name and mailing address, view your annual member statement, and use other self-service features.
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TRSL Valuation: Funded status climbs; DROP interest rate announced
The latest TRSL actuarial valuation report was approved last month by the Public Retirement Systems’ Actuarial Committee (PRSAC).
The report shows that the System’s funded status continues to climb, up to 67.9% from 67.1% last year. The funded status is a measure of the retirement system’s assets against its liabilities and is a metric commonly used to gauge a pension plan’s financial position. "We've seen a significant increase in our funded level since 2010 when the full impact of the 2008 market downturn was felt," said TRSL Director Katherine Whitney. "This is certainly positive news for the system."
TRSL’s valuation assets also set an all-time high, reaching $21.97 billion—an increase of $788 million over last year. And, the unfunded accrued liability (UAL) decreased to $10.36 billion from $10.39 billion last fiscal year. Principal and interest on this debt has now been paid for the eighth consecutive year.
Take a look at some highlights from the valuation:
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Class is in session
Sign up for spring webinars
Visit www.TRSL.org to view and register for upcoming member webinars. Not sure about your schedule? Check out our pre-recorded webinars that are available on-demand, at your convenience. We have a variety of topics that cover each stage of your retirement planning. Learn more.
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2021 REGULAR SESSION: Stay informed about the legislative session
The 2021 Regular Legislative Session begins Monday, April 12. We can deliver news about retirement bills we’re monitoring straight to your inbox through TRSL’s eNews. You can also visit the Legislation page of our website to read up on important legislative news.
Sign up for eNews updates here. Already signed up? Click on the “manage your preferences” link at the bottom of this email to make sure you have “legislation” checked as a topic of interest.
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PO Box 94123 | Baton Rouge, LA 70804-9123 US
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