The Louisiana State Employees administers pension benefits for state employees. Certain unclassified employees and appointed and elected officials may elect to participate in an optional retirement plan also administered by LASERS.
Louisiana State Employees Retirement System Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Louisiana SERS |
13,238.6 |
92,172 |
| Other Plans |
0.0 |
0 |
| Total |
13,238.6 |
92,172 |
Source: Public Plans Database (as of 2022)
Note: Louisiana State Employees Retirement System has 0 other plans.
Assets
Assets at Year-End
Louisiana State Employees Retirement System
2001-2022
| Fiscal Year |
Net Assets (billions) |
| 2001 |
6.1 |
| 2002 |
5.6 |
| 2003 |
5.7 |
| 2004 |
6.6 |
| 2005 |
7.2 |
| 2006 |
8.0 |
| 2007 |
9.4 |
| 2008 |
9.0 |
| 2009 |
7.1 |
| 2010 |
8.1 |
| 2011 |
9.7 |
| 2012 |
9.5 |
| 2013 |
10.3 |
| 2014 |
11.6 |
| 2015 |
11.4 |
| 2016 |
10.7 |
| 2017 |
11.8 |
| 2018 |
12.3 |
| 2019 |
12.3 |
| 2020 |
11.4 |
| 2021 |
14.7 |
| 2022 |
13.2 |
Membership
Ratio of Actives to Beneficiaries, 2001-2022
| Fiscal Year |
Louisiana State Employees Retirement System |
US State and Local Pensions |
| 2001 |
1.9 |
2.4 |
| 2002 |
1.9 |
2.3 |
| 2003 |
1.8 |
2.2 |
| 2004 |
1.8 |
2.1 |
| 2005 |
1.7 |
2.1 |
| 2006 |
1.5 |
2.0 |
| 2007 |
1.5 |
2.0 |
| 2008 |
1.5 |
1.9 |
| 2009 |
1.5 |
1.9 |
| 2010 |
1.4 |
1.8 |
| 2011 |
1.3 |
1.7 |
| 2012 |
1.2 |
1.6 |
| 2013 |
0.9 |
1.5 |
| 2014 |
0.8 |
1.4 |
| 2015 |
0.8 |
1.4 |
| 2016 |
0.8 |
1.4 |
| 2017 |
0.8 |
1.4 |
| 2018 |
0.8 |
1.3 |
| 2019 |
0.8 |
1.3 |
| 2020 |
0.8 |
1.3 |
| 2021 |
0.8 |
1.2 |
| 2022 |
0.7 |
1.2 |
2022 Membership for Louisiana State Employees Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 37,358 |
50,946 |
3,868 |
92,172 |
368 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Louisiana State Employees Retirement System
2001-2022
| 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 |
| 2020 |
-397.4 |
11,420.7 |
| 2021 |
-422.5 |
14,716.3 |
| 2022 |
-477.6 |
13,238.6 |
2022 Cash Flows for Louisiana State Employees Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 1,022.9 |
1,500.6 |
-1,000.1 |
-1,477.8 |
Cash Flow as a Percentage of Assets
Louisiana State Employees Retirement System
2001-2022
| Fiscal Year |
Louisiana State Employees Retirement System |
National Average |
| 2001 |
-1.9 |
-2.1 |
| 2002 |
-2.5 |
-2.4 |
| 2003 |
-2.3 |
-2.6 |
| 2004 |
-1.8 |
-2.0 |
| 2005 |
-1.0 |
-2.2 |
| 2006 |
-1.0 |
-2.2 |
| 2007 |
-1.5 |
-2.1 |
| 2008 |
-0.6 |
-2.3 |
| 2009 |
-1.9 |
-3.1 |
| 2010 |
-2.3 |
-3.2 |
| 2011 |
-2.3 |
-3.1 |
| 2012 |
-2.2 |
-3.3 |
| 2013 |
-3.2 |
-3.1 |
| 2014 |
-4.3 |
-2.9 |
| 2015 |
-3.3 |
-2.8 |
| 2016 |
-3.8 |
-3.0 |
| 2017 |
-4.3 |
-2.9 |
| 2018 |
-4.0 |
-2.6 |
| 2019 |
-3.8 |
-2.6 |
| 2020 |
-3.5 |
-2.4 |
| 2021 |
-2.9 |
-2.1 |
| 2022 |
-3.6 |
-2.1 |
