Louisiana SERS Basics

  • Established 1947
  • Currently open to new hires
  • Plan covers state employees
  • Plan members not covered by Social Security
  • Single employer

Assets, Participants, and Benefits

Assets at Year-End, Louisiana SERS, 2001-2019

Fiscal Year Net Assets (billions)
2001 6.08
2002 5.62
2003 5.72
2004 6.61
2005 7.23
2006 8.01
2007 9.35
2008 8.96
2009 7.10
2010 8.06
2011 9.70
2012 9.52
2013 10.33
2014 11.62
2015 11.42
2016 10.72
2017 11.75
2018 12.28
2019 12.28

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.

Number of Actives per Annuitant, 2001-2019

Fiscal Year Louisiana SERS US State and Local Pensions
2001 1.9 2.2
2002 1.9 2.2
2003 1.8 2.2
2004 1.8 2.2
2005 1.7 2.1
2006 1.5 2.0
2007 1.5 2.0
2008 1.5 1.9
2009 1.5 1.8
2010 1.4 1.8
2011 1.3 1.7
2012 1.2 1.6
2013 0.9 1.5
2014 0.8 1.5
2015 0.8 1.4
2016 0.8 1.4
2017 0.8 1.5
2018 0.8 1.5
2019 0.8 1.5

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.

Costs

Employer's Annual Required Contribution as a Percentage of Payroll and Portion Paid for Louisiana SERS, 2001-2019

Fiscal Year Portion of Employer ARC paid Portion of Employer ARC left unpaid US Avg Employer ARC ARC as a Percent of Payroll
2001 14.6 0.0 9.5 14.5
2002 14.6 0.4 10.1 15.0
2003 16.1 0.9 10.4 17.0
2004 17.4 0.8 11.1 18.2
2005 19.4 0.2 12.1 19.6
2006 19.9 1.5 12.3 21.4
2007 19.4 0.6 11.6 20.0
2008 21.6 0.0 10.1 18.7
2009 19.8 0.0 11.5 19.2
2010 20.0 2.9 12.8 23.0
2011 24.1 4.1 13.6 28.2
2012 28.3 2.2 14.4 30.5
2013 34.6 4.0 16.7 38.6
2014 33.8 5.4 16.5 39.1
2015 38.9 0.0 17.0 37.6
2016 39.0 0.0 17.0 37.7
2017 37.1 1.4 14.3 38.5
2018 38.9 0.0 14.7 38.0
2019 38.9 0.0 15.2 36.7

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.

Actuarial Funding

Actuarial Funded Ratio for Louisiana SERS, 2001-2019

Fiscal Year Louisiana SERS National Data
2001 74.2 98.7
2002 70.2 85.4
2003 66.2 83.7
2004 59.6 84.1
2005 61.5 83.5
2006 64.3 86.8
2007 67.2 89.5
2008 67.6 77.0
2009 60.8 73.3
2010 57.7 75.5
2011 57.6 73.4
2012 55.9 74.9
2013 60.2 75.4
2014 59.3 77.4
2015 62.1 79.1
2016 62.6 76.5
2017 63.7 77.6
2018 64.7 75.6
2019 64.1 75.8

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.

Copy this code into your HTML Editor, Blog Post or CMS.

Investments

Asset Allocation for Louisiana SERS, 2019

Category Percent
Equities 54.6
Fixed Income 15.8
Private Equity 0.0
Real Estate 0.0
Cash 0.6
Other 0.0
Commodities 0.0
Hedge Fund 7.3
Misc. Alternatives 21.7

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.

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.

Copy this code into your HTML Editor, Blog Post or CMS.


Asset allocation for Louisiana SERS, 2001-2019

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
2001 60.8 32.6 4.8 0.0 0.1 0.0 0.0 1.1 0.0
2002 57.9 36.2 4.1 0.0 0.1 0.0 0.0 1.2 0.0
2003 57.7 35.3 4.1 0.0 1.4 0.0 0.0 1.2 0.0
2004 63.3 24.6 4.4 0.0 4.6 0.0 0.0 2.8 0.0
2005 62.8 25.2 4.7 0.0 2.4 0.0 0.0 4.9 0.0
2006 63.4 23.9 5.2 0.0 2.4 0.0 0.0 5.1 0.0
2007 64.2 20.3 6.1 0.0 4.3 0.0 0.0 4.9 0.0
2008 54.8 20.9 8.4 0.0 1.0 0.0 0.0 14.9 0.0
2009 50.0 24.0 11.3 0.0 1.0 0.0 0.0 13.7 0.0
2010 48.2 25.0 0.0 0.0 1.6 0.0 0.0 0.0 25.2
2011 50.0 22.0 0.0 0.0 3.0 0.0 0.0 5.0 20.0
2012 50.0 20.0 0.0 0.0 3.0 0.0 0.0 6.0 21.0
2013 53.0 16.0 0.0 0.0 3.0 0.0 0.0 6.0 22.0
2014 54.9 13.7 0.0 0.0 2.9 0.0 0.0 6.5 22.0
2015 54.5 14.2 0.0 0.0 3.2 0.0 0.0 6.5 21.6
2016 53.0 15.4 0.0 0.0 3.0 0.0 0.0 7.0 21.6
2017 56.3 16.0 0.0 0.0 1.2 0.0 0.0 6.4 20.1
2018 56.7 16.2 0.0 0.0 1.0 0.0 0.0 6.5 19.6
2019 54.6 15.8 0.0 0.0 0.6 0.0 0.0 7.3 21.7

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.


Annual Return as of June 30 for Louisiana SERS, 2001-2019

Fiscal Year Louisiana SERS Assumed return
2001 -6.10 8.25
2002 -5.70 8.25
2003 4.20 8.25
2004 18.00 8.25
2005 10.20 8.25
2006 11.90 8.25
2007 19.20 8.25
2008 -3.80 8.25
2009 -19.10 8.25
2010 16.10 8.25
2011 24.30 8.25
2012 0.20 8.25
2013 12.60 8.00
2014 18.80 7.75
2015 1.70 7.75
2016 -2.40 7.75
2017 15.80 7.70
2018 9.50 7.65
2019 4.40 7.60

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.

Cash Flows

Cash Flow vs. Total Assets (Millions)
Louisiana SERS
2001-2019

Fiscal Year Cash Flow Assets
2001 -112.8 6,083.7
2002 -139.3 5,619.9
2003 -129.1 5,718.7
2004 -116.1 6,608.0
2005 -69.6 7,226.1
2006 -83.9 8,008.5
2007 -143.1 9,351.1
2008 -52.7 8,957.9
2009 -131.7 7,100.3
2010 -187.8 8,064.5
2011 -220.2 9,703.5
2012 -210.6 9,515.8
2013 -328.5 10,327.6
2014 -494.1 11,624.9
2015 -375.4 11,415.2
2016 -409.9 10,723.7
2017 -505.1 11,753.3
2018 -496.3 12,283.7
2019 -467.0 12,282.7

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.


Cash Flow as a Percentage of Assets
Louisiana SERS
2001-2019

Fiscal Year Louisiana SERS National Average
2001 -1.9 -0.8
2002 -2.5 -1.0
2003 -2.3 -0.9
2004 -1.8 -0.5
2005 -1.0 -0.5
2006 -1.0 -0.6
2007 -1.5 -0.6
2008 -0.6 -0.8
2009 -1.9 -1.4
2010 -2.3 -1.3
2011 -2.3 -1.6
2012 -2.2 -1.6
2013 -3.2 -2.0
2014 -4.3 -1.8
2015 -3.3 -0.5
2016 -3.8 -2.4
2017 -4.3 -2.3
2018 -4.0 -2.6
2019 -3.8 -2.6

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.

2019 Financial Reports

Benefits

Website for Louisiana SERS benefit descriptions.