Baton Rouge, La. — The Teachers’ Retirement System of Louisiana (TRSL) provided $2.3 billion in retirement income in Fiscal Year 2021, with north Louisiana retirees and beneficiaries taking home $422 million. Of that, the 313 members from Jackson Parish received $8,226,947.00.
Almost 90% of the retirement dollars TRSL pays out goes to individuals who live in Louisiana, where they buy local goods and services. The average monthly benefit for a regular retiree of TRSL is $2,282.00.
“As the largest public retirement system in Louisiana, we are proud of the positive impact we have on the state’s economy,” said Katherine Whitney, director of the Teachers’ Retirement System of Louisiana. “TRSL’s benefit payments give more than 81,600 retirees and beneficiaries the buying power to support their communities. Their years of hard work are rewarded with a stable retirement income that allows them to invest in the local economy. Whether they’re buying groceries at the supermarket or picking up plants at the nursery, they are a powerful part of Louisiana’s economic engine.”
For more information you can visit the TSRL website at trsl.org
To report an issue or typo with this article – CLICK HERE