Louisiana public pension investment returns fall to $1.3 billion in 2024

Louisiana Lt. Governor Billy Nungesser
Louisiana Lt. Governor Billy Nungesser
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Louisiana public pension investments brought in $1.3 billion in earnings for 2024, down from $1.4 billion the previous year, according to the U.S. Census Bureau’s Annual Survey of Public Pensions.

The U.S. Census Bureau’s Annual Survey of Public Pensions reviews defined-benefit pension systems sponsored by government units with employees paid from public funds. It includes local government entities such as counties, municipalities, townships, school districts, and special districts.

This survey collects data on revenues, expenditures, financial assets, and membership for these pensions, including detailed questionnaires that may capture liabilities.

Some participants do not submit all requested details for every item; the response rates for individual data points vary, which can lead to gaps in the published results.

As of 2025, nine states have no broad-based personal income tax—Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming—with certain restrictions on investment or capital gains tax in New Hampshire and Washington.

Louisiana provided data from 29 pension plans, comprising 13 state-operated funds and 16 at the local level. Combined, the membership in these systems totaled 538,782, with 511,322 belonging to state systems and 27,460 associated with local funds.

Data in this report was sourced from the U.S. Census Bureau’s Annual Survey of Public Pensions. The complete dataset is available here.



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