Louisiana Parochial ERS Approves Target Allocations

At their June 18th board meeting, the Louisiana Parochial Employees Retirement System approved target allocation updates to fixed income, equity, and alternatives within the mid volatility portfolio, per meeting minutes. 

Fixed income was increased from 33% to 36.5%. 

The 3.5% increase to fixed income is a direct result of the decrease in the target allocation to equity, moving from 51% to 47.5%. 

Lastly, the alternatives asset class has a target allocation of 16%. 

As of December 31, 2023, the Retirement System had a value of $4.85 billion. 

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