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Retirees – LASERS The LASERS Board of Trustees considers the reduction or elimination of the WEP and GPO as a significant Board issue However, any change to these offsets must be made on the federal level LASERS continues to track federal and state legislation regarding changes to the WEP and GPO and will keep members informed as changes occur
LASERS Members - lasersonline. org 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
myLASERS Help – LASERS - lasersonline. org LASERS has implemented all the latest technologies to protect your data with the implementation of Multi-Factor Authentication (MFA) With MFA, your password and a new second factor security code will be needed to log in The code will be sent to your phone via text or voice
Employers – LASERS - lasersonline. org LASERS administers 24 retirement plans covering over 150,000 members and their families, on behalf of 353 Louisiana employers statewide Our collaborative approach relies on agency liaisons to facilitate member engagement from their induction into state government to their retirement journey
Get the Facts – LASERS - lasersonline. org Get the Facts as of October 2024 Check out the System’s current assets, membership figures, legislative reforms, and more View the PDF
Member’s Guide to Retirement – LASERS - lasersonline. org This may be your most important LASERS resource This guide contains detailed information about LASERS membership, the Initial Benefit Option (IBO) and Deferred Retirement Option Plan (DROP), service credit, transfers, unused leave, re-employed retirees, various retirement options, and much more
NEW TO LASERS - lasersonline. org 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
Member Forms – LASERS - lasersonline. org Members Member Forms; Member’s Guide to Retirement; Video Library; Seminars; New to LASERS Find My Plan; Members Investing Now for Tomorrow; Life Changes
DROP Information – LASERS - lasersonline. org 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
Estimate My Benefit – LASERS - lasersonline. org Calculating Your Retirement Benefit Seminar In this 1 5 hour virtual seminar, LASERS representatives will provide an in-depth explanation of how your LASERS retirement benefit is calculated, explain LASERS retirement options in detail, review the Benefit Estimate Calculator in myLASERS, and more