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LSERS Board of Trustees approves proposed employer contribution rate for FY 2012-13

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LSERS Board of Trustees approves proposed employer contribution rate for FY 2012-13

LSERS Board of Trustees approves proposed employer contribution rate for FY 2012-13

The LSERS Board of Trustees approved the proposed employer contribution rate of 30.80% for the FY 2012-13 as recommended by the Board Actuary.  This rate will go before the Public Retirement Systems’ Actuarial Committee (PRSAC) in early 2012 for final approval.  LSERS will notify all employers of the final approval after the PRSAC meeting.