Wednesday, November 6, 2013

Rougeou Updates Media on LASERS

Baton Rouge Press Club

LASERS Executive Director Cindy Rougeou and Legislative Auditor Daryl Purpera jointly spoke to the Baton Rouge Press Club on Monday, November 4.

Rougeou provided an update on the status of LASERS, including how reforms have improved the System, investment performance, and the impact of the recent layoffs on System health. Purpera focused on the cost of the accruing benefit as compared to Social Security, the employee and employer contribution rate, funding level and progress toward payment of the unfunded accrued liability (UAL), including the funded ratio. Rougeou and Purpera fielded questions from the audience following their presentation.

Watch a clip from the Baton Rouge Press Club presentation (5 minutes). 

The Jim Engster Show

Radio host Jim Engster interviewed Cindy Rougeou on Wednesday, October 30. Rougeou shared the latest information about LASERS, touching on investment performance and the health of the System. She reassured members that the retirement system is solvent and in great shape for the future.

In case you missed the interview, visit the WRKF website here and advance the broadcast to the 41:05 minute mark.  

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