State of La Commissioner

The Louisiana Office of Financial Institutions (OFI) oversees a variety of financial service providers operating within the state, ensuring compliance and regulating both depository and non-depository institutions. This organization is divided into three key divisions: Depository Institutions Division, Non-Depository Services Division, and Securities Division, reflecting the diverse range of entities it supervises. As the financial landscape evolves, OFI has witnessed a decline in regulated depository institutions while simultaneously managing a significant increase in non-depository entities. The office is committed to promoting consumer protection and maintaining the integrity of Louisiana's financial services sector. Generated from the website

Founded in 1946, the Louisiana School Employees' Retirement System is a state department that operates under the government of the city of Baton Rouge, La. The department offers benefit calculation, retirement planning, asset allocation and legislative issue handling services. The Louisiana School Employees' Retirement System s operations are financed through member and employer contributions as well as investment earnings on such contributions. The department s members include the non-instructional staff of Louisiana's public school system, such as bus drivers, janitors, custodians and maintenance employees. It serves more than 25,000 members. In addition, the Louisiana School Employees' Retirement System provides retirement plans, such as the Deferred Retirement Option Plan (DROP) and Initial Benefit Retirement Plan (IBRP).

The Teachers' Retirement System of Louisiana, also known as (TRSL) is one of the state's largest public retirement systems. Founded in 1936, the system provides a range of retirement plans and benefits to its members. It offers the Optional Retirement Plan (ORP) and Deferred Retirement Option Plan. The Teachers' Retirement System of Louisiana also offers E-News, which is e-mail service. The system operates administration, accounting, auditing, investments, information technology and retirement divisions. It also organizes several educational workshops. The system sources its funds through member and employer contributions and earnings from investments. The Teachers' Retirement System of Louisiana provides services to more than 160,000 individuals.