Louisiana School Employees' Retirement System (LSERS) is a defined benefit public pension fund based at Baton Rouge, Louisiana. Established in 1946, LSERS provides retirement benefits to the employees of the public schools in Louisiana. The mission of the fund is to enhance the financial security and quality of life for LSERS' members and their families by offering professional service and maintaining an accountable and retirement program that provides comprehensive retirement benefits through the investment of LSERS' assets. The pension fund is governed by a twelve-member board of trustees.