$199 million paid in retirement income to Central Louisiana residents in FY 2022

The latest economic impact report from the Teachers’ Retirement System of Louisiana (TRSL) shows that retirement dollars are fueling regional economies across Louisiana. 
In Fiscal Year 2022, TRSL provided $199 million in retirement income to retirees and beneficiaries in Central Louisiana (see chart below for a parish-by-parish breakdown). Statewide, TRSL retirees took home $2 billion. 
 Other highlights from the report:
  • TRSL pensions support approximately 15,507 Louisiana jobs and more than $719 million in income.
  • TRSL has invested more than $1.1 billion in companies that do business in Louisiana, supporting economic and job growth in the state.
  • Almost 90% of the retirement dollars TRSL pays out goes to individuals who live in Louisiana, where they buy local goods and services.
  • Less than a penny of every dollar spent at TRSL is for administrative expenses. TRSL provides a high level of service at a low cost.

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