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 Key life events, which may occur during your career and in retirement, could have an impact on your benefits Explore this section to learn how to update your contact information, report a death, and how your benefit could be impacted in the event of a divorce Employer Self-Service The information contained on Employer Self-Service is provided to LASERS employer agencies via a secure connection Any information you view or enter for your agency while connected to Self-Service cannot be viewed by anyone else LASERS Benefits Louisiana | page -2 of 12- | 2024 LASERS INVESTS FOR THE LONG-TERM $15 9 bil market value of assets 14 0% investment return for fiscal year 2024 A TOP PERFORMER Jun 30, 2024 · What rate of return has LASERS investments achieved? LASERS investment return was 14 0% for the 12-month period that ended June 30, 2024 See Performance for details Mar 26, 2025 · LASERS Executive Director Trey Boudreaux spoke at the annual RSEA Chapter Meeting webinar on Wednesday, March 26, 2025 The presentation covered key topics affecting state employees’ and retirees’ pension benefits, an overview of the upcoming Legislative Session, and other important updates LASERS is a long-term investor managed by its Board of Trustees and a team of dedicated investment professionals Investment income is the main source of revenue for benefits paid to our members and their beneficiaries Jun 6, 2025 · LASERS administers 24 retirement plans covering over 150,000 members and their families Jun 30, 2024 · 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 Jan 28, 2025 · January 28, 2025 Since February 1 falls on a Saturday, receipt of your funds can be affected by whether you receive a check or direct deposit and your financial institution’s rules when the first falls on a weekend and or holiday