Copy

Greetings from LSERS

Welcome to the January Edition of LSERS’ Employer eNews. We hope everyone was safe and warm during the recent cold weather. Enclosed in this issue is information about 1099-R’s and the PRSAC-approved employer contribution rate. Also, please note our Holiday office closure date. I encourage you to contact our knowledgeable staff to assist you with any questions or concerns.

-Charles P. Bujol

LSERS Employer Rate for Fiscal Year 2018-19 Approved by PRSAC

The Public Retirement Systems’ Actuarial Committee (PRSAC) met on January 9, 2018 and approved the LSERS’ valuation for the fiscal year ending June 30, 2017. This approval included the 2018-19 employer contribution rate of 28.0% effective July 1, 2018.  If you have any questions, please contact Carolyn N. Forbes, LSERS Assistant Director, at 225.925.6490 or via email at cforbes@lsers.net.

Do you have a question about enrollments or contribution reporting? 

LSERS strives for excellence in customer service by providing information at your fingertips.  Visit our website at www.lsers.net or click on one of these quick links to our helpful resources:   procedures, fact sheets and past webinars.  If you have exhausted your efforts to locate the answer or you have a new employee that needs training, please contact Kimberlyn Stewart at 225.925.4411, or 1.800.256.3718 if outside the Baton Rouge calling area, or by email at kstewart@lsers.net.

2017 Federal Tax Form 1099-R Available

IRS federal tax form 1099-R for 2017 are now available to retirees online.  The paper copies were mailed on Tuesday, January 16. To learn more about understanding the information contained on the Form 1099-R, please click here. This information may assist you in the event a retiree calls or visits your office.  As always, feel free to refer retirees to LSERS if you are unable to answer any questions they may have about their 1099-R.  

Revised Fact Sheet 20 - Special Tax Notice

Fact Sheet 20 – Special Tax Notice has been updated and the revised version uploaded to our website. 

Holiday Office Closure

Please be aware that our office will be closed on Tuesday, February 13, 2018, for Mardi Gras.
 

And, as always, we appreciate and welcome any and all comments, as this helps
us identify ways to make improvements for you and provide better service to our
members and employers. Feel free to provide feedback and suggestions using
the LSERS Satisfaction Survey on our "Contact Us" page on the LSERS website.

Copyright © 2018 Louisiana School Employees' Retirement System, All rights reserved.