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Get the Facts – LASERS The documents on this page provide accurate information regarding LASERS and other helpful facts
New to LASERS – LASERS Welcome to LASERS! As you work and make contributions to LASERS, you will accumulate service credit toward retirement eligibility as defined in the Member’s Guide to Retirement Once you meet eligibility for retirement, you may retire and begin receiving a monthly benefit from LASERS, which is payable for life This section is designed to help you understand your LASERS membership We
DROP Information – LASERS The rate of interest to be paid on eligible (non-Self Directed Plan) DROP accounts for the fiscal year that ended June 30, 2024, is 7 76 percent This interest rate is based on a five-year actuarially smoothed return The Public Retirement Systems’ Actuarial Committee (PRSAC) approved the interest rate at its meeting on December 11, 2024 The interest will be posted to accounts in January
Members – LASERS Whether you are new to LASERS, experiencing life changes in the middle of your career, or preparing for retirement, we aim to ensure that you are well-informed and prepared when you are ready to retire Use the left-side menu or select a stage below to explore the resources available to guide you in your retirement journey
RSEA Webinar 2025 – LASERS LASERS Executive Director Trey Boudreaux spoke at the annual RSEA Chapter Meeting webinar on Wednesday, March 26, 2025 The presentation covered key topics affecting state employees’ and retirees’ pension benefits, an overview of the upcoming Legislative Session, and other important updates Watch a recording of the webinar below:
Retiree FAQs – LASERS The DROP interest rate is not a one-year return or even a simple multi-year average The rate is derived using an actuarial return calculation, one uses the last five years of returns, accounting for realized and unrealized gains and losses LASERS is a globally diversified plan, investing in equities, fixed income, and alternative assets worldwide The plan returns and risk reflect this
Frequently Asked Questions – LASERS How are LASERS assets invested? LASERS assets are invested in diversified stock, bond, and alternative asset portfolios See Asset Allocation for details
View Your Member Annual Account Statement in myLASERS – LASERS March 18, 2025 Log in to myLASERS to view your 2024 Member Annual Account Statement Active members, members working after *DROP, and reemployed retirees may now review their annual statement by logging in to myLASERS and clicking on the Documents tab *Members participating in DROP do not receive an annual statement Need Help Creating a myLASERS Account? If you have not already created a