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DROP Information – LASERS 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 The Public Retirement Systems’ Actuarial Committee (PRSAC) approved the interest rate at its meeting on December 11, 2024 The interest will be posted to accounts in January
Members – LASERS Whether you are new to LASERS, experiencing life changes in the middle of your career, or preparing for retirement, we aim to ensure that you are well-informed and prepared when you are ready to retire Use the left-side menu or select a stage below to explore the resources available to guide you in your retirement journey
myLASERS Help – LASERS Set Your Communication Preferences You can receive notifications from LASERS straight to your email or phone Watch the tutorial to learn how to quickly view and or adjust your notifications settings
Member Forms – LASERS Application for Repayment of Refunded Service Authorization for Direct Deposit Designation of Beneficiary Refund of Accumulated Contributions Request for First Eligible Letter for Social Security Request for Retirement Benefits Estimate Request for Withdrawal from DROP-IBO Account (for DROP accounts at LASERS) W-4P Withholding Certificate for Periodic Pension or Annuity Payments
RSEA Webinar 2025 – LASERS 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 Watch a recording of the webinar below:
Get the Facts – LASERS The documents on this page provide accurate information regarding LASERS and other helpful facts
View Your Member Annual Account Statement in myLASERS – LASERS March 18, 2025 Log in to myLASERS to view your 2024 Member Annual Account Statement Active members, members working after *DROP, and reemployed retirees may now review their annual statement by logging in to myLASERS and clicking on the Documents tab *Members participating in DROP do not receive an annual statement Need Help Creating a myLASERS Account? If you have not already created a
New to LASERS – LASERS Welcome to LASERS! As you work and make contributions to LASERS, you will accumulate service credit toward retirement eligibility as defined in the Member’s Guide to Retirement Once you meet eligibility for retirement, you may retire and begin receiving a monthly benefit from LASERS, which is payable for life This section is designed to help you understand your LASERS membership We
Member’s Guide to Retirement – LASERS 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 Use the tabs below to view the full document or individual chapters