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The City of New Orleans

Mayor Mitchell J. Landrieu

New Orleans Municipal Employees' Retirement System

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. 

Current Fund Status

NOMERS Retirement Fund (Unaudited)

Total Fund Value (as of 6/30/15)

YTD Performance 1 Year Performance
$364,054,449 +0.6% +0.2%

Member Relations Committee News

Investment News

The City of New Orleans Employees' Retirement System (NOMERS) will be performing a search for an International Equity All Country World ex-US investment manager.  Managers interested in being considered for this mandate must populate the InvestWorks http://www.invmetrics.com/metrics/nav-products/sub-products/sub-investworks and eVestment Alliance https://www.evestment.com/  databases with their firm and product data as of December 31, 2015.  All data should be populated in InvestWorks by February 12, 2016.  The mandate size is approximately $12 million.

 
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Last updated: 2/3/2016 11:33:36 AM

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