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La. Rev. Stat. § 11:702 (2026)

Name and establishment of retirement system

✓ laws through the 2025 Regular Session (checked Sept. 2026)
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§702.  Name and establishment of retirement system

A.  A retirement system is established with all the powers and privileges pertaining to corporations, under the management of the board of trustees for the purpose of providing retirement allowances and other benefits under the provisions of this Chapter for teachers of the state of Louisiana.  The retirement system so created shall be established as of August 1, 1936.  The retirement system is established as a qualified defined benefit plan under Title 11 of the Louisiana Revised Statutes of 1950, known as the "Louisiana Public Retirement Law", as amended from time to time, pursuant to Sections 401(a) and 414(d) of the Internal Revenue Code, other applicable provisions of the Internal Revenue Code, applicable Treasury regulations, and other guidance.

B.  This system shall be known as the "Teachers' Retirement System of Louisiana", and by such name or its nominee name, which is hereby established as  "TRSL", all of its business shall be transacted, all of its funds invested, and all of its cash and securities and other property held, except as provided in Subsection C of this Section.

C.  The board of trustees may form a corporation or partnership for the purpose of trading in its nominee name.  The state treasurer, the secretary-treasurer, and the assistant secretary-treasurer of the system shall be members of any such corporation or partnership.  Other members of the corporation or partnership may be appointed by the board of trustees from among its membership.  Each member of such corporation or partnership shall have the same fiduciary responsibility as do the trustees of the system.

Amended by Acts 1977, No. 743, §1; Acts 1983, No. 19, §1, eff. June 9, 1983; Redesignated from R.S. 17:572 by Acts 1991, No. 74, §3, eff. June 25, 1991; Acts 2014, No. 727, §1, eff. July 1, 2014.

Notes of Decisions
Cited in 3 cases (1 in the last 5 years), 1997–2025 · leading case: Johnson v. Wetherspoon, 694 So. 2d 203 (La. 1997).
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Johnson v. Wetherspoon, 694 So. 2d 203 (La. 1997). “R.S. 11:702. According to the TRSLA plan, members *205 contribute a percentage of their salary to the system while employers of TRSLA members also contribute a percentage of their employees' salary to the system.”
Latiolais v. Teachers' Ret. Sys. of Louisiana, 22 So. 3d 948 (La. Ct. App. 2009). · cites it 2× “Coady's file did not contain this working affidavit, and Forbes explained that because Coady's date of death occurred so quickly after she applied for retirement, TRSL probably destroyed the working affidavit when it started processing the claim as a death-benefit claim. [4]…”
Kevin Cope & Roger Laine v. Bd. of Supervisors of Louisiana State Univ. & A&M Coll., Teachers Ret. Sys. of Louisiana, No. 2025 CA 0035 (La. Ct. App. July 3, 2025). “R.S. 11:702(A) & (B); La. R.S. 11:721. The TRSL Pension Plan requires matching contributions from employee and employer.”
La. Rev. Stat. § 11:702(A): 1 case
Kevin Cope & Roger Laine v. Bd. of Supervisors of Louisiana State Univ. & A&M Coll., Teachers Ret. Sys. of Louisiana, No. 2025 CA 0035 (La. Ct. App. July 3, 2025). “R.S. 11:702(A) & (B); La. R.S. 11:721. The TRSL Pension Plan requires matching contributions from employee and employer.”
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