Louisiana State Employees Retirement System
public plan · State of Louisiana · Baton Rouge, LA
ACTIVE
D
Pension Health Score
47/100
Funding Status63% Funded
0%80% threshold100%
$12.1B
Total Assets
$19.2B
Total Liabilities
$7.1B
Unfunded Liability
114,858
Participants
Funding History
What This Means for You
Louisiana State Employees Retirement System is significantly underfunded at 63%, with $7.1B in unfunded liabilities affecting 114,858 participants. Plans at this funding level face difficult choices: raising contributions substantially, reducing future benefit accruals, or in extreme cases, applying for benefit suspensions. Public plans cannot declare bankruptcy, but severe underfunding may lead to reduced cost-of-living adjustments or increased employee contributions. If you are a participant, it is important to understand your options and consider diversifying your retirement income sources.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $12.1B | $19.2B | 63.2% | $926.3M |
| 2024 | $12.0B | $19.2B | 62.5% | $793.1M |
| 2023 | $11.5B | $18.4B | 62.9% | $814.1M |
| 2022 | $11.0B | $17.5B | 63.0% | $949.1M |
| 2021 | $10.3B | $15.4B | 66.9% | $1.0B |