Tuesday, February 20, 2024

LASERS to present pension system update at Shreveport meeting

by BIZ. Staff

BATON ROUGE – Cindy Rougeou, executive director of the Louisiana State Employees’ Retirement System (LASERS), will address current issues affecting state employees and retirees’ pension benefits, including the upcoming 2019 Regular Legislative Session.

Rougeou will give the update during a speech to the Shreveport chapter of RSEA on Wednesday, March 13, 9:30 a.m., at the North West Technical College, Building E, 2011 North Market St., Shreveport.

Active state employees and retirees from Bienville, Bossier, Caddo, Claiborne, DeSoto, Red River, and Webster parishes are expected to attend.

In the Shreveport RSEA chapter region, 4,174 LASERS retirees and beneficiaries received more than $95 million in gross retirement benefits in fiscal year 2018. 

LASERS administers a defined benefit pension plan that covers approximately 100,000 members. LASERS Benefits Louisiana by paying over $1 billion in annual benefits to beneficiaries, providing a strong and reliable economic stimulus for the state. 

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