MPERS’ physical office will be closed 5/5/25 – 5/9/25 for building repairs.
Staff will be working remotely and can be reached via phone and email/fax.
NOTICE TO MPERS EMPLOYERS:
The FY26 Employer Contribution Rate will be 33.475% effective July 1, 2025
Latest News
COVID-19 Update: March Board of Trustees Meeting Cancelled and Office Closed to the Public
MPERS is closely monitoring the COVID-19 virus situation. Given Governor Edwards' proclamation and the fact the Legislature will adjourn until March 31, 2020, we have canceled the board meeting that was scheduled for Wednesday, March 18, 2020. The next board meeting...
Employer Contribution Rates for FY 21
On February 12, 2020, the Public Retirement Systems' Actuarial Committeeadopted theofficial valuation of MPERS's actuary, G. S. Curran & Company, Ltd. The employer contribution rate for July1, 2020 through June 30, 2021 will be 33.75% for all employees.As a...
Important Information for Those Considering Rolling Over their DROP Account Balances
Assuming that you are a Louisiana resident, you probably shouldn't rollover your DROP account balance unless enjoy paying more in state income taxes than is necessary. UnderR.S. 11:2228, all monies paid by MPERS are exempt from any Louisiana state tax. This includes...
February 19, 2020 Board Meeting Cancelled
On January 15, 2020, the Board of Trustees voted to cancel itsFebruary meeting. The next meeting will be on March 18, 2020.
Important Information for Money Market Option DROP Retirees
MPERS is pleased to announce that it has selected Empower Retirement as the new provider of administrative, recordkeeping, communication and investment education services for the Deferred Retirement Option Plan (DROP) effective February 1, 2020. Please see the memo...