State Data » Louisiana » Louisiana Municipal Police » Louisiana Municipal Police

Louisiana Municipal Police Basics

  • Established 1973
  • Currently open to new hires
  • Plan covers police and/or fire
  • Plan members not covered by Social Security
  • Multiple employer, cost sharing plan

Assets, Participants, and Benefits

Assets at Year-End, Louisiana Municipal Police, 2003-2019

Fiscal Year Net Assets (billions)
2003 null
2004 1.2
2005 1.3
2006 1.4
2007 1.6
2008 1.5
2009 1.1
2010 1.2
2011 1.5
2012 1.4
2013 1.6
2014 1.9
2015 1.9
2016 1.8
2017 2.0
2018 2.2
2019 2.2

Source: Public Plans Database

Number of Actives per Annuitant, 2003-2019

Fiscal Year Louisiana Municipal Police US State and Local Pensions
2003 1.6 1.3
2004 1.6 1.3
2005 1.5 1.3
2006 1.5 1.3
2007 1.4 1.3
2008 1.4 1.3
2009 1.5 1.3
2010 1.5 1.2
2011 1.3 1.2
2012 1.3 1.2
2013 1.2 1.1
2014 1.2 1.1
2015 1.2 1.1
2016 1.2 1.1
2017 1.2 1.0
2018 1.2 1.0
2019 1.2 1.0

Source: Public Plans Database

National data averages are weighted by plan size.

Costs

Employer's Annual Required Contribution as a Percentage of Payroll and Portion Paid for Louisiana Municipal Police, 2003-2019

Fiscal Year Portion of Employer ARC paid Portion of Employer ARC left unpaid US Avg Employer ARC ARC as a Percent of Payroll {role:annotation}
2003 9.1 5.7 17.5 14.8 14.8
2004 15.4 5.4 20.1 20.8 20.8
2005 21.6 0.0 21.2 20.5 20.5
2006 16.7 0.0 22.8 15.3 15.3
2007 15.7 0.0 25.0 13.5 13.5
2008 13.9 0.0 25.2 9.1 9.1
2009 9.5 0.9 26.2 10.4 10.4
2010 11.1 12.4 27.6 23.5 23.5
2011 25.6 4.4 29.6 30.1 30.1
2012 36.8 4.4 31.0 41.1 41.1
2013 41.6 1.0 31.2 42.5 42.5
2014 38.1 0.0 31.8 38.1 38.1
2015 38.5 0.0 33.9 38.5 38.5
2016 36.0 0.0 35.3 36.0 36.0
2017 38.8 0.0 33.3 38.8 38.8
2018 37.5 0.0 33.1 37.5 37.5
2019 39.7 0.0 34.3 39.7 39.7

Source: Public Plans Database

National data averages are weighted by plan size.

Actuarial Funding

Actuarial Funded Ratio for Louisiana Municipal Police, 2003-2019

Fiscal Year Louisiana Municipal Police National Data
2003 73.9 85.5
2004 72.9 81.5
2005 79.5 79.2
2006 83.1 80.4
2007 89.1 84.0
2008 86.9 78.7
2009 65.2 77.3
2010 59.9 75.2
2011 58.1 71.9
2012 59.8 70.6
2013 64.2 70.8
2014 68.1 72.1
2015 69.9 74.1
2016 70.6 72.5
2017 71.4 72.0
2018 73.2 72.8
2019 72.9 72.4

Source: Public Plans Database

National data averages are weighted by plan size and reflects the average for plans of similar type and Social Security coverage.

Investments

Asset Allocation for Louisiana Municipal Police, 2019

Category Percent
Equities 51.2
Fixed Income 30.8
Private Equity 2.9
Real Estate 8.5
Cash 2.6
Other 0.0
Commodities 0.0
Hedge Fund 4.0
Misc. Alternatives 0.0

Source: Public Plans Database

Asset Allocation for State and Local Pensions, 2019

Category Percent
Equities 47.2
Fixed Income 22.9
Private Equity 9.0
Real Estate 9.0
Cash 1.8
Other 0.0
Commodities 1.9
Hedge Fund 6.7
Misc. Alternatives 1.5

Source: Public Plans Database

National data averages are weighted by plan size.


Asset allocation for Louisiana Municipal Police, 2003-2019

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
2003 null null null null null null null null null
2004 null null null null null null null null null
2005 null null null null null null null null null
2006 null null null null null null null null null
2007 null null null null null null null null null
2008 null null null null null null null null null
2009 null null null null null null null null null
2010 null null null null null null null null null
2011 63.2 22.6 0.0 10.4 0.4 0.0 0.0 3.4 0.0
2012 null null null null null null null null null
2013 null null null null null null null null null
2014 57.9 18.0 1.9 9.4 0.5 0.0 3.1 9.1 0.0
2015 55.2 20.6 1.7 9.7 0.9 0.0 2.2 9.7 0.0
2016 null null null null null null null null null
2017 57.2 20.1 1.3 9.7 0.4 0.0 1.5 9.8 0.0
2018 56.0 22.8 1.8 8.5 0.2 0.0 1.6 9.2 0.0
2019 51.2 30.8 2.9 8.5 2.6 0.0 0.0 4.0 0.0

Source: Public Plans Database


Annual Return as of June 30 for Louisiana Municipal Police, 2003-2019

Fiscal Year Louisiana Municipal Police Assumed return
2003 3.84 null
2004 12.87 7.00
2005 9.34 7.50
2006 8.72 7.50
2007 16.46 7.50
2008 -7.63 7.50
2009 -24.24 7.50
2010 12.37 7.50
2011 23.50 7.50
2012 -2.10 7.50
2013 10.81 7.50
2014 17.90 7.50
2015 1.10 7.50
2016 -2.80 7.50
2017 13.30 7.33
2018 6.70 7.33
2019 3.48 7.20

Source: Public Plans Database

National data averages are weighted by plan size.

Cash Flows

Cash Flow vs. Total Assets (Millions)
Louisiana Municipal Police
2003-2019

Fiscal Year Cash Flow Assets
2003 null null
2004 -21.6 1,229.1
2005 -11.5 1,332.3
2006 -22.2 1,417.9
2007 -27.1 1,632.0
2008 -28.6 1,481.9
2009 -40.2 1,095.6
2010 -40.1 1,187.6
2011 -9.2 1,454.5
2012 -4.1 1,422.5
2013 1.6 1,620.9
2014 -10.1 1,887.0
2015 -20.6 1,893.1
2016 -28.0 1,822.9
2017 -16.4 2,045.0
2018 -23.7 2,161.8
2019 -18.9 2,224.3

Source: Public Plans Database


Cash Flow as a Percentage of Assets
Louisiana Municipal Police
2003-2019

Fiscal Year Louisiana Municipal Police National Average
2003 null -2.3
2004 -1.8 -1.8
2005 -0.9 0.8
2006 -1.6 -1.4
2007 -1.7 -1.4
2008 -1.9 -1.5
2009 -3.7 -2.3
2010 -3.4 -2.1
2011 -0.6 -2.0
2012 -0.3 -2.2
2013 0.1 -2.4
2014 -0.5 -1.9
2015 -1.1 -1.7
2016 -1.5 -2.1
2017 -0.8 -2.1
2018 -1.1 -2.2
2019 -0.9 -2.2

Source: Public Plans Database

National data averages are weighted by plan size.

2019 Financial Reports

Benefits

Website for Louisiana Municipal Police benefit descriptions.