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New Orleans Municipal Employees' Retirement System

Structure

The City of New Orleans Employees Retirement System was established and placed under the management of the Board of Trustees and supported by a full-time staff for the purpose of providing retirement allowances and death benefits for all officers and employees of the city and the parochial and judicial officers and employees of parish. The retirement system is a defined benefit plan as defined by Section 401(a) of the Internal Revenue Code. The original effective date of the retirement system is July 1, 1947.

The Board of Trustees consists of five members, as follows:

The director of the department of finance, ex officio;

The director of personnel of the city, ex officio;

One person who is domiciled in and an elector of the city elected by the employee members of the system,to serve a term of three years;

One person who is domiciled in and an elector of the city elected by the retiree members of the system,to serve a term of three years.

One person who is domiciled in and an elector of the city appointed by the mayor, subject to confirmation by the  council,to serve a term of three years.

 Frequently Used Forms

 Hedge Fund Review

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Page last updated: May 07, 2012

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