New Orleans (LA) ERS — assets, returns and funding
Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge
New Orleans (LA) ERS (Louisiana) reported $506m of assets for fiscal year 2024, a one-year investment return of 13.1%, and was 62.9% funded — below the ~80% mark the industry reads as sound.
| Total assets (FY 2024) | $506m |
| 1-year return | 13.1% |
| 5-year return (annualised) | 8.1% |
| 10-year return (annualised) | 7.4% |
| Funded ratio (GASB) | 62.9% |
How the money is invested (asset allocation)
New Orleans (LA) ERS held 60.4% of its assets in public equities and 12.7% in fixed income (bonds) for fiscal year 2024 — the largest of 7 sleeves it reports, with the rest below:
| Public equities | 60.4% |
| Fixed income (bonds) | 12.7% |
| Commodities | 11.5% |
| Private equity | 5.7% |
| Hedge funds | 4.6% |
| Real estate | 3.9% |
| Cash | 1.2% |
Compare New Orleans (LA) ERS with similar plans
The plans most worth reading New Orleans (LA) ERS against — similar in size, or invested in the same managers — side by side, each with its own page for the detail:
| Plan | Assets | 1-yr return | Funded ratio | Why comparable |
|---|---|---|---|---|
| Louisiana Teachers | $29.3bn | 11.1% | 80.3% | Same state — Louisiana |
| Louisiana SERS | $17.2bn | 12.4% | 74.5% | Same state — Louisiana |
| Louisiana Parochial Employees | $5.7bn | 11.4% | 102.4% | Same state — Louisiana |
| Louisiana Municipal Police | $3.1bn | 11.3% | 89.3% | Same state — Louisiana |
| Louisiana Firefighters | $2.8bn | 11.8% | 86.8% | Same state — Louisiana |
| Louisiana Schools | $2.4bn | 7.9% | 84.3% | Same state — Louisiana |
Questions this page answers
How much does New Orleans (LA) ERS have in assets?
New Orleans (LA) ERS reported $506m in total assets for fiscal year 2024, as compiled by the Public Plans Database.
What return did New Orleans (LA) ERS make on its investments?
New Orleans (LA) ERS reported a 13.1% one-year investment return for fiscal year 2024, and 7.4% a year over the past ten years, per the Public Plans Database.
Is New Orleans (LA) ERS fully funded?
New Orleans (LA) ERS was 62.9% funded for fiscal year 2024 — below the ~80% mark many treat as reasonably sound. US public plans face no federal funding minimum, and actuaries add that the trend matters more than any single line (Public Plans Database).
How is New Orleans (LA) ERS's money invested?
New Orleans (LA) ERS held 60.4% of its assets in public equities and 12.7% in fixed income (bonds), its largest sleeves for fiscal year 2024 (Public Plans Database).
See also: all tracked plans · how the private-equity funds these plans invest in have actually performed, from the plans' own disclosures: private market performance, and where plans' numbers diverge on the same fund.