Strategic Plan 2014-2017



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Audit Division Fiscal Division Human Resources Division Information Technology Division Investments Division Legal Division Member Services Division Public Information Division

Table of Contents Updated 01.29.15 LASERS Mission 2 LASERS Vision 2 LASERS Goals 2 LASERS Core Values 2 Executive Director s Message 3 Strategic Initiative < Seek to assure the financial soundness of the System 4-5 < Ensure our team s ongoing commitment to our core values 5-6 < Offer exceptional customer service 7-9 LASERS Board of Trustees 10-11 Organizational Chart 12

the MISSION To provide a sound retirement plan for our members through prudent management and exceptional service the VISION Confidence in our service, assuring financial security for your future the GOALS Assure the financial soundness of the System Ensure our team s ongoing commitment to our core values Offer exceptional customer service the CORE VALUES Highest Ethical Standards Integrity Prudent Management LOUISIANA STATE EMPLOYEES RETIREMENT SYSTEM

LASERS The Louisiana State Employees Retirement System presents the for fiscal years 2014 2017. As we continue to work toward enhancing our service to members, this edition focuses on better utilizing technology to improve internal and external operations. This plan is a result of the collaborative input from all divisions of the LASERS team. The scope is broader, yet it positions the agency for advancement. The objectives and performance indicators set forth will ensure LASERS remains one of the top tier retirement systems nationally, while enhancing our services to members and generating additional efficiencies for the agency. LASERS will continue to work with the Legislature to provide input on legislation that impacts the agency. Our educational outreach efforts will utilize technological improvements to provide more information and training via electronic media. This new focuses on making our System more accessible to members. We are working to enhance the customer service experience, making LASERS more responsive to members needs while improving accuracy of collected data. Our goal is to utilize technology to best serve our agency and members. LASERS consistently places in the top quartiles for investment performance, ranking fifth out of 57 systems for the last 10 years. We have developed a solid investment strategy. LASERS total asset value exceeds $11 billion, the highest in the history of the System. Our returns have ranked in the top 13 percent, 20 percent, and 19 percent for the last five, seven, and 10 years, respectively. Executive Director s Message Since LASERS was established in 1946, we have been committed to ensuring the soundness of our retirement plan and assisting our members as they transition into the retirement phase of their lives. Our members have devoted their careers to serving people in the state of Louisiana. This will serve as the blueprint for providing our membership with the exceptional level of service they deserve. Cindy Rougeou Executive Director 3

Agency Goal 1 LASERS Seek to assure the financial soundness of the System Objective: 1.1 Secure a position as one of the top tier public pension systems in the nation Performance Indicators: Prudent management of Trust assets Achieve and maintain top rankings for investment performance Achieve and maintain highest ratings for audit performance Hire and retain exceptional staff members that are aligned with the mission and vision of the agency Agency Goal 2 Ensure our team s ongoing commitment to our core values: Highest Ethical Standards, Integrity, Prudent Management Objective: 2.1 Develop and implement processes and procedures to ensure the security of sensitive membership information Performance Indicators: Achieve and maintain a record of no major security breaches or releases of sensitive membership information Formulate a task force charged with developing an action plan and recommendations for reducing LASERS overall risk exposure relating to sensitive information. Action plan should be approved by June 30, 2015. 4

Agency Goal 2 continued LASERS Objective: 2.2 Efficient utilization of staff time and resources Performance Indicators: Implement records management efficiencies Implement use of electronic systems that will enhance operations and reduce time spent on manual processes by staff Create staff-accessible portal where personnel functions can be completed and records are maintained electronically Agency Goal 3 Offer exceptional customer service Objective: 3.1 Enhance, expand, and improve the customer service experience Performance Indicators: Implement use of electronic data submission for top 10 LASERS forms through the Member Self-Service application by December 31, 2016. Formulate a task force to recommend enhanced features/options for members and LASERS to interact with one another by December 31, 2015. Initiate mechanism to determine best educational outreach practices and implement changes by December 31, 2015. 5

LASERS Board of Trustees Elected Members Thomas Bickham Connie Carlton Beverly Hodges William Kleinpeter Janice Lansing Barbara McManus Lori Pierce Kathy Singleton Shannon Templet LASERS Undersecretary, Department of Public Safety and Corrections Active Member Retired as Assistant Director of LASERS Retired Member Undersecretary, Department of Natural Resources Active Member Judge, City Court of Port Allen Active Member Chief Financial Officer, Office of Coastal Protection and Restoration Active Member Retired from the Department of Social Services Retired Member State Treasury Investment Officer, Office of the Treasurer Active Member Retired from the Department of Social Services Retired Member Director, Department of Civil Service Active Member Ex Officio Members Elbert Guillory John Kennedy Chairman of the Senate Retirement Committee Louisiana State Senate State Treasurer of Louisiana Kristy Nichols Commissioner of Division of Administration J. Kevin Pearson Chairman of the House Retirement Committee Louisiana House of Representatives 6

LASERS Standing (l-r): Designee of Commissioner of Administration Ben Huxen Lori Pierce Barbara McManus Thomas Bickham Seated (l-r): Individual photos: William Kleinpeter Kathy Singleton Senator Elbert Guillory State Treasurer John Kennedy Commissioner of Administration Kristy Nichols Representative J. Kevin Pearson Janice Lansing Shannon Templet Connie Carlton Beverly Hodges 7

Organizational Chart LASERS Maris LeBlanc Deputy Director/ Chief Operating Officer Tonja Normand Public Information Director Cindy Taylor Members Services Director Sheila Metoyer Human Resources Director Cindy Rougeou Executive Director Trey Boudreaux Chief Administrative Officer Robert Beale Chief Investment Officer Ryan Babin Audit Services Director Tina Grant Executive Counsel Artie Fillastre Fiscal Director Lance Armstrong Information Technology Director 8

Contact Information Location: 8401 United Plaza Blvd. Baton Rouge, LA 70809 Mail: P.O. Box 44213 Baton Rouge, LA 70804-4213 Phone: (toll-free) 800.256.3000 (local) 225.922.0600 Web: www.lasersonline.org The Louisiana State Employees Retirement System (LASERS) distributed this document digitally. No publication costs were incurred.