District Attorneys' Retirement System Board of Trustees public meetings in 2025
6 substantive meetings from 2025, with official agendas or minutes and plain-English summaries.
District Attorneys' Retirement System Board of Trustees
The Louisiana District Attorneys' Retirement System Board of Trustees will consider approval of September financials and retirement activity, receive a financial audit presentation from DHHM, and review the actuarial valuation from Curran Actuarial. The board will also discuss potential legislation for the 2026 legislative session and conduct a director performance review.
- September Financials – Action Item
- Retirement Activity – Action Item
- DARS Financial Audit Presentation by DHHM (45 min)
- DARS Actuarial Valuation by Curran Actuarial (60 min)
- Investment Report including Market Commentary, Real Estate Education, and Investment Manager Update (90 min total)
District Attorneys' Retirement System Board of Trustees
The Board will consider action items including July/August financials, retirement activity, and asset allocation. They will also discuss legislation for the 2026 session, audit compliance, and the director's performance review.
- July and August 2025 Financials – Action Item
- Retirement Activity – Action Item
- DARS Asset Allocation – Action Item
- Legislation for the 2026 Legislative Session
- Director Performance Review
District Attorneys' Retirement System Board of Trustees
The Board of Trustees will review financial reports and retirement activity for May and June 2025. The meeting includes an experience study by actuary Greg Curran and a performance report from Mariner Institutional. The Board will also conduct an annual budget review.
- Approval of May and June 2025 Financials
- Actuary Experience Study by Greg Curran
- Investment Portfolio Market Adjustments and Performance Report by Mariner Institutional
- DARS Annual Budget Review
- Disability Retirement Activity
The Board of Trustees approved the actuary's experience study and ratified market adjustments following a 9.15% annual portfolio return. The Board also approved disability and retirement activity, including a specific benefit calculation method for one member.
- Approved June 19, 2025 meeting minutes
- Approved disability determination for Jeanne Rougeau
- Adopted 'Method One' for disability benefit calculation (5-4)
- Approved monthly benefit for Jeanne Rougeau
- Approved May and June 2025 financials
- Approved all retiree activity
- Approved actuary's experience study
- Ratified market adjustments for Rastagar Properties and Louisiana Venture Liquidating Trust
District Attorneys' Retirement System Board of Trustees
The Board of Trustees will vote on private equity fund presentations from HarborVest, Neuberger Berman, and Taurus, and will act on March and April 2025 financials. Members will also hear an investment report, a legislative session update, a Q3 budget review, and audit findings.
- Action item: March and April 2025 Financials
- Action item: HarborVest Flagship Fund XIII presentation
- Action item: Neuberger Berman Crossroads Fund 25 presentation
- Action item: Taurus Private Markets Fund III presentation
- Director’s Report: Legislative Session Update, DARS Q3 Budget Review, Audit Findings Review
The Board of Trustees approved the hiring of Neuberger Berman and Taurus for private equity investments totaling $10 million. The Board also approved the April 2025 meeting minutes, financial reports for March and April 2025, and all retiree activity.
- Approved $7.5MM allocation to Neuberger Berman Crossroads Fund 25 (Passed; Mr. Walters opposing)
- Approved $2.5MM allocation to Taurus Private Markets Fund III (Passed; Mr. Walters opposing)
- Approved April 17, 2025 meeting minutes (Passed)
- Approved March and April 2025 financials (Passed unanimously)
- Approved all retiree activity (Passed)
District Attorneys' Retirement System Board of Trustees
The District Attorneys' Retirement System Board of Trustees will meet to address financial reports and actuarial data. The board is scheduled to take action on the FY26 employer rate, a contract renewal with Curran Actuarial, and the FY26 budget draft.
- FY26 Employer Rate action item
- Curran Actuarial contract renewal
- FY26 Budget Draft approval
- February 2025 Financials action item
- Legislation action item
The Board of Trustees approved the FY 2025-2026 administrative budget and maintained the employer contribution rate. The Board also voted to oppose Senate Bill 7 in its current form and renewed its contract with Curran Actuarial.
- Approved February 19, 2025 meeting minutes (Unanimous)
- Approved February 2025 financial statements (Unanimous)
- Approved all retiree activity (Unanimous)
- Set FY 2025-2026 employer rate at 12.25% (Unanimous)
- Approved retention of Curran Actuarial (Unanimous)
- Voted to oppose SB7 as currently written (Carried; Rep. Illg abstained)
- Approved proposed FY 2025-2026 budget (Unanimous)
District Attorneys' Retirement System Board of Trustees
The Board of Trustees will hear presentations from Hartford, Nuveen, and PIMCO on their strategic income funds, with a vote expected. They will also review December 2024 and January 2025 financials, elect officers, and discuss the director evaluation, budget, and audit findings.
- Multi-Sector Fixed Income Presentations – Action Item: Hartford Strategic Income Fund, Nuveen Strategic Income Fund, PIMCO Income Fund
- Election of Officers
- December 2024 and January 2025 Financials
- Q2 Budget Review and FY26 Budget Draft
- Audit Findings Review
The Board elected Andy Shealy as chairman and Scott Perrilloux as Vice Chairman. The Board approved the January and February financials and voted to hire PIMCO and Hartford as investment managers. Retirement activity and the FY26 budget draft were tabled due to loss of quorum.
- Approved meeting minutes of December 19, 2024 (Unanimous)
- Elected Andy Shealy as chairman (Unanimous)
- Elected Scott Perrilloux as Vice Chairman (Unanimous)
- Approved January and February financials (Unanimous)
- Approved hiring PIMCO and Hartford as investment managers (Unanimous)
- Tabled retirement activity applications due to loss of quorum
- Tabled FY26 budget draft vote due to loss of quorum