Seminar Description
Know Before You Go: DROP vs IBO: Is either the right option for me?

The 1.5 hour DROP vs IBO Virtual Seminar will:
  • Define the Deferred Retirement Option Plan (DROP) and the Initial Benefit Option (IBO)
  • Explain the differences between DROP and IBO
  • Clarify how the DROP and IBO accounts are funded
  • Direct how and when to apply for either
  • Include much more

  • **LASERS reserves the right to cancel the seminar due to low registration.**
This virtual seminar is geared to newer LASERS members hired on or after January 1, 2011, who are not eligible for retirement in the next five years.

In the 2.5 hour Early Career Virtual Seminar:
  • Get introduced to LASERS benefits
  • Learn the value of State employment and membership in a defined benefit retirement plan
  • Consider ways to enhance future retirement benefits today.
  • View a presentation by the Louisiana Deferred Compensation Program, providing additional methods to save now for retirement.
Detailed information on the types of retirement will not be presented. Members within five years of retirement should consider attending a Pre-Retirement Education Program (PREP) instead.

**Closed Caption Available**

**LASERS reserves the right to cancel the seminar due to low registration.**
Begin preparations well in advance of your retirement. The Pre-Retirement Education Program (PREP) includes information needed to plan for your future.

During the In-Person PREP Seminar, participants will:
  • Learn eligibility requirements for retirement
  • Receive information on purchases of service credit
  • Understand the types of retirement, including Actuarially Reduced, Deferred Retirement Option Plan (DROP), the Initial Benefit Option (IBO)
  • Hear from an EMPOWER Retirement Representative
  • And learn much more
**LASERS reserves the right to cancel the seminar due to low registration.**
This Virtual Learning version of PREP allows LASERS members to learn the same information as the In-Person Learning version, but accessed from anywhere you have internet access with a computer, tablet or smartphone.

Begin preparations well in advance of your retirement. The Pre-Retirement Education Program (PREP) includes information needed to plan for your future.

During the 4 hour Virtual PREP Seminar, participants will:
  • Learn eligibility requirements for retirement
  • Receive information on purchases of service credit
  • Understand the types of retirement, including Actuarially Reduced, Deferred Retirement Option Plan (DROP), the Initial Benefit Option (IBO)
  • Hear from an EMPOWER Retirement Representative
  • And learn much more

  • **Closed Caption Available**

    **LASERS reserves the right to cancel the seminar due to low registration.**
Retiree Workshop
     
There are no Retiree Workshops scheduled at this time. Workshops will be announced via Member Connection when scheduled.

These workshops are available to those who have retired and covers information on:
  • LASERS updates
  • Social Security
  • Community partner involvement
**LASERS reserves the right to cancel the workshop due to low registration.**

LASERS Agency Training is offered to Human Resources and Payroll staff and includes LASERS updates and details associated with guiding an employee through the retirement process.

Please note the class is offered through Louisiana Employees Online (LEO). At course catalog, select Comprehensive Public Training Program, CPTP HR, LASERS. The name of course is: CPTP HR Module 4 LASERS Agency Training.