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 amount, the TRSL provided $7,741,845 in retirement income to 317 recipients in Winn Parish.
- 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.
“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.”
More information on TRSL’s economic impact can be found in the 2022 Investing in Louisiana report below.