Louisiana State Employees Retirement System

LASERS will be closed on Friday, July 3, in observance of Independence Day.

Regular business hours will resume on Monday, July 6.

We wish you a safe and happy holiday weekend!

HB 23 was signed by the Governor and is now Act 280. The new law authorizes a 2% cost-of-living adjustment (COLA) to eligible retirees and beneficiaries.

🔹COLA Amount: 2% (applied to the first $81,201 of annual benefit)
🔹Effective Date: July 1, 2026
🔹Eligibility: Based on age and length of time receiving a benefit

HB 312 received final passage following House concurrence and now awaits action by the Governor. The bill includes additional funding for LASERS to help reduce the System’s unfunded accrued liability (UAL).

Several other LASERS-related bills also advanced this week at the Capitol. Read our full update here ➡️ https://bit.ly/4dOaehN