Assessors' Retirement System Board of Trustees public meetings in 2025
4 substantive meetings from 2025, with official agendas or minutes and plain-English summaries.
Assessors' Retirement System Board of Trustees
The Retirement Board of Trustees of the Louisiana Assessors' Association will discuss and consider allocations to private debt and private real estate funds, review a 2024 experience study, and elect district representatives. The meeting includes financial reports, approval of minutes, and setting 2026 quarterly meeting dates.
- Formal interviews and consideration of allocations to Deerpath Evergreen Advantage, PCCP Equity X, LP, and Mavik Real Estate Special Opportunities VS2, LP
- Presentation and board approval of the 2024 Experience Study and new Assumption Factors
- Nomination and election of District Representatives for two-year terms (2026-2027) for Districts 1, 3, 5, and 7
- Approval of expense reports for the September 2025 LAPERS Seminar
- Approval of 2026 quarterly meeting dates: Jan 27, Apr 21, Jul 28, Oct 27
The Board approved investments of $30 million with Deerpath and $10 million with Mavik Real Estate. Members also adopted the 2024 Experience Study and approved district representative nominations for 2026-2027.
- Approved $30,000,000 investment with Deerpath
- Approved $10,000,000 investment with Mavik Real Estate
- Adopted 2024 Experience Study and new assumption factors
- Approved August 31, 2025 Financial Reports
- Approved 3rd Quarter 2025 Retirement System reports
- Approved 2026 Quarterly Meeting dates
- Approved District, Employee, and Retiree Representative nominations for 2026-2027
- Accepted Kevin Raiford as District 2 Representative following Jeff Taylor's resignation
Assessors' Retirement System Board of Trustees
The Board of Trustees will review the retirement fund budget and financial performance. Members will discuss the employer contribution rate and cost of living increases for retirees effective October 1, 2025.
- Decision on Cost of Living Increase for retirees effective October 1, 2025
- Adoption of Employer Contribution Rate effective October 1, 2025
- Approval of Retirement Fund Budget for Fiscal Year October 1, 2025 through September 30, 2026
- Nomination for Employee Representative position to complete term ending 12/31/2025
- Approval of Hawthorn, Waymouth & Carroll engagement letters for FY ending September 30, 2025
The Board approved the 2025-2026 Retirement Fund Budget and a 5% employer contribution rate effective October 1, 2025. It also authorized a cost-of-living adjustment (COLA) for eligible retirees and scheduled an election for a new Employee Representative.
- Approved minutes from April 22, 2025 meeting
- Authorized election for Employee Representative position starting September 1, 2025
- Approved May 31, 2025 Financial Report
- Approved 3rd Quarter 2025 Retirement System refunds, transfers, reciprocals, retirements and deaths report
- Requested presentations from DeerPath, PCCP and Mavik for October meeting
- Authorized Hawthorn, Waymouth & Carroll Engagement Letters for FY ending September 30, 2025
- Adopted 5% Employer Contribution Rate effective October 1, 2025 (pending PRSAC approval)
- Approved COLA increases for eligible retirees effective October 1, 2025 (pending PRSAC approval)
Assessors' Retirement System Board of Trustees
The Louisiana Assessors' Association Board of Trustees will discuss and consider modifications to the Investment Policy, and will hear presentations and vote to approve the annual audits for the Louisiana Assessors' Retirement Fund (LARF) for fiscal year ending September 30, 2024. The board will also receive and act on actuarial valuation and employer pension reports, and receive an update on 2025 retirement legislation. These items may qualify for trustee training credit.
- Discussion and consideration of Investment Policy modifications
- Presentation and approval of LARF Financial Audit and Employer Pension Audit for FY 2024 by Hawthorn, Waymouth and Carroll
- Presentation and approval of LARF September 30, 2024 Valuation Report and Employer Pension Report by Curran Actuarial Consulting
- Update on 2025 Retirement Legislation by attorney Laura Gail Sullivan
- Executive session discussion on litigation: Recreation and Park Commission for East Baton Rouge Parish v. Sid J. Gautreaux, III
The Board approved the February 2025 financial report and the September 2024 annual audits and valuation reports. Members voted to oppose Senate Bill 7 in its current form. The Board also requested further information on specific investment alternatives for the July meeting.
- Approved minutes from January 28, 2025 meeting
- Approved February 28, 2025 Financial Report
- Approved 1st Quarter 2025 Retirement System report
- Accepted LARF Financial Audit and Agreed Upon Procedures Audits dated September 30, 2024
- Approved September 30, 2024 Valuation Report and Employer Pension Report
- Voted to oppose SB 7 in its current form
Assessors' Retirement System Board of Trustees
The Retirement Board of the Louisiana Assessors' Association will meet to approve a resolution demanding unpaid ad valorem tax funds from Orleans Parish, review investment performance, and discuss the Social Security Fairness Act and upcoming legislative session.
- Approval of minutes from December 3, 2024 meeting
- Financial report by Staff Accountant Anna Wessman
- Investment performance review by AndCo Consultant Jon Breth as of 12/31/2024
- Board approval of Option 4 Benefit elected by retiring assessor
- Resolution for demand to State Treasurer for Orleans ad valorem funds if not received by March 2025
The Board approved the November 2024 financial report and a specific retirement benefit for Assessor Conrad Comeaux. Members also authorized a resolution to demand Orleans Ad Valorem Funds from the State Treasurer if not received by March 2025. A proposal to allow retirees to work more than 100 days was tabled.
- Approved December 3, 2024 meeting minutes
- Approved November 30, 2024 Financial Report
- Approved 4th Quarter 2023 Retirement System report
- Approved moving cash from Real Estate, American Realty and Principal to Loomis & Sayles
- Approved Option 4 Benefit for Assessor Conrad Comeaux
- Authorized Executive Director to develop future Option 4 Benefit work processes
- Authorized resolution for demand of Orleans Ad Valorem Funds from State Treasurer if not received by March 2025
- Tabled discussion on allowing retirees to work more than 100 days