<PAGE> PAGE 1
000 A000000 06/30/98
000 C000000 0001033669
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 LAZARD RETIREMENT SERIES, INC
001 B000000 811-08071
001 C000000 2126326400
002 A000000 30 ROCKFELLER PLAZA
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10112
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C020100 LAZARD RETIREMENT SMALL CAP PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 LAZARD RETIREMENT EMERGING MARKETS PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 LAZARD RETIREMENT EQUITY PORTFOLIO
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 LAZARD ASSET MANAGEMENT
008 B00AA01 A
008 C00AA01 801-6568
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10112
010 A00AA01 STATE STREET CORP
010 B00AA01 85-05003
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02110
011 A00AA01 LAZARD FRERES & CO. LLC
011 B00AA01 8-2595BD
<PAGE> PAGE 2
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10112
012 A00AA01 BOSTON FINANCIAL DATA SERVICES, INC
012 B00AA01 85-8494
012 C01AA01 NORTH QUINCY
012 C02AA01 MA
012 C03AA01 02171
013 A00AA01 ANCHIN, BLOCK & ANCHIN LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10018
014 A00AA01 LAZARD FRERES & CO. LLC
014 B00AA01 8-2595BD
015 A00AA01 STATE STREET CORP.
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
015 A00AA02 CITIBANK, N.A.
015 B00AA02 S
015 C01AA02 BUENOS AIRES
015 D01AA02 ARGENTINA
015 E04AA02 X
015 A00AA03 WESTPAK CUSTODIAN NOMINEES
015 B00AA03 S
015 C01AA03 SYDNEY
015 D01AA03 AUSTRALIA
015 E04AA03 X
015 A00AA04 GIROCREDIT BANK
015 B00AA04 S
015 C01AA04 VIENNA
015 D01AA04 AUSTRIA
015 E04AA04 X
015 A00AA05 STANDARD CHARTERED BANK
015 B00AA05 S
015 C01AA05 DHAKA
015 D01AA05 BANGLADESH
015 E04AA05 X
015 A00AA06 GENERALE DE BANQUE
015 B00AA06 S
015 C01AA06 BRUSSLES
015 D01AA06 BELGIUM
015 E04AA06 X
015 A00AA07 BARCLAYS BANK OF BOTSWANA
015 B00AA07 S
015 C01AA07 GABORONE
015 D01AA07 BOTSWANA
015 E04AA07 X
015 A00AA08 CITIBANK, N.A.
<PAGE> PAGE 3
015 B00AA08 S
015 C01AA08 SAN PAULO
015 D01AA08 BRAZIL
015 E04AA08 X
015 A00AA09 CANADA TRUST CO
015 B00AA09 S
015 C01AA09 TORONTO
015 D01AA09 CANADA
015 E04AA09 X
015 A00AA10 CITIBANK, N.A.
015 B00AA10 S
015 C01AA10 SANTIAGO
015 D01AA10 CHILE
015 E04AA10 X
015 A00AA11 THE HONG KONG AND SHANGHAI BANK
015 B00AA11 S
015 C01AA11 SHANGHAI
015 D01AA11 CHINA
015 E04AA11 X
015 A00AA12 CITIBANK, S.A.
015 B00AA12 S
015 C01AA12 BOGOTA
015 D01AA12 COLUMBIA
015 E04AA12 X
015 A00AA13 BARCLAYS BANK PLC
015 B00AA13 S
015 C01AA13 NICOSIA
015 D01AA13 CYPRUS
015 E04AA13 X
015 A00AA14 CESKOSLOVENSKA OBCHODNI BANKA
015 B00AA14 S
015 C01AA14 PRAGUE
015 D01AA14 CZECH REPUBLIC
015 E04AA14 X
015 A00AA15 DEN DANSKE BANK
015 B00AA15 S
015 C01AA15 COPENHAGEN
015 D01AA15 DENMARK
015 E04AA15 X
015 A00AA16 NATIONAL BANK OF EGYPT
015 B00AA16 S
015 C01AA16 CAIRO
015 D01AA16 EGYPT
015 E04AA16 X
015 A00AA17 MERITA BANK
015 B00AA17 S
015 C01AA17 HELSINKI
015 D01AA17 FINLAND
015 E04AA17 X
015 A00AA18 BANQUE PARIBUS
015 B00AA18 S
<PAGE> PAGE 4
015 C01AA18 PARIS
015 D01AA18 FRANCE
015 E04AA18 X
015 A00AA19 DRESDNER BANK
015 B00AA19 S
015 C01AA19 FRANKFURT
015 D01AA19 GERMANY
015 E04AA19 X
015 A00AA20 BARCLAYS BANK OF GHANA LIMITED
015 B00AA20 S
015 C01AA20 ACCRA
015 D01AA20 GHANA
015 E04AA20 X
015 A00AA21 NATIONAL BANK OF GREECE
015 B00AA21 S
015 C01AA21 ATHENS
015 D01AA21 GREECE
015 E04AA21 X
015 A00AA22 STANDARD CHARTERED BANK
015 B00AA22 S
015 C01AA22 HONG KONG
015 D01AA22 HONG KONG
015 E04AA22 X
015 A00AA23 CITIBANK BUDAPEST RT.
015 B00AA23 S
015 C01AA23 BUDAPEST
015 D01AA23 HUNGARY
015 E04AA23 X
015 A00AA24 DEUTSCHE BANK AG
015 B00AA24 S
015 C01AA24 MUMBAI
015 D01AA24 INDIA
015 E04AA24 X
015 A00AA25 STANDARD CHARTERED BANK
015 B00AA25 S
015 C01AA25 JAKARTA
015 D01AA25 INDONESIA
015 E04AA25 X
015 A00AA26 BAK OF IRELAND
015 B00AA26 S
015 C01AA26 DUBLIN
015 D01AA26 IRELAND
015 E04AA26 X
015 A00AA27 BANK HAPOALIM
015 B00AA27 S
015 C01AA27 TEL AVIV
015 D01AA27 ISRAEL
015 E04AA27 X
015 A00AA28 MORGAN GUARANTEE TRUST CO
015 B00AA28 S
015 C01AA28 MILAN
<PAGE> PAGE 5
015 D01AA28 ITALY
015 E04AA28 X
015 A00AA29 THE SUMITOMO TRUST & BANKING CO., LTD.
015 B00AA29 S
015 C01AA29 TOKYO
015 D01AA29 JAPAN
015 E04AA29 X
015 A00AA30 THE BRITISH BANK OF THE MIDDLE EAST
015 B00AA30 S
015 C01AA30 AMMAN
015 D01AA30 JORDAN
015 E04AA30 X
015 A00AA31 BARCLAYS BANK OF KENYA LIMITED
015 B00AA31 S
015 C01AA31 NAIROBI
015 D01AA31 KENYA
015 E04AA31 X
015 A00AA32 SEOUL BANK
015 B00AA32 S
015 C01AA32 SEOUL
015 D01AA32 S KOREA
015 E04AA32 X
015 A00AA33 STANDARD CHARTERED BANK MALAYSIA BERHAD
015 B00AA33 S
015 C01AA33 KUALA LUMPUR
015 D01AA33 MALAYSIA
015 E04AA33 X
015 A00AA34 THE HONG KONG AND SHANGHAI BANKING CORP
015 B00AA34 S
015 C01AA34 PORT LOUIS BR.
015 D01AA34 MAURITIUS
015 E04AA34 X
015 A00AA35 CITIBANK MEXICO, S.A.
015 B00AA35 S
015 C01AA35 MEXICO CITY
015 D01AA35 MEXICO
015 E04AA35 X
015 A00AA36 BANQUE COMMERCIALE DU MAROC
015 B00AA36 S
015 C01AA36 CASABLANCA
015 D01AA36 MOROCCO
015 E04AA36 X
015 A00AA37 MEESPIERSON N.V.
015 B00AA37 S
015 C01AA37 AMSTERDAM
015 D01AA37 NETHERLANDS
015 E04AA37 X
015 A00AA38 ANZ BANKING GROUP (NEW ZEALAND) LIMITED
015 B00AA38 S
015 C01AA38 WELLINGTON
015 D01AA38 NEW ZEALAND
<PAGE> PAGE 6
015 E04AA38 X
015 A00AA39 CHRISTIANIA BANK
015 B00AA39 S
015 C01AA39 OSLO
015 D01AA39 NORWAY
015 E04AA39 X
015 A00AA40 DEUTSCHE BANK AG
015 B00AA40 S
015 C01AA40 KARACHI
015 D01AA40 PAKISTAN
015 E04AA40 X
015 A00AA41 CITIBANK, N.A.
015 B00AA41 S
015 C01AA41 LIMA
015 D01AA41 PERU
015 E04AA41 X
015 A00AA42 STANDARD CHARTERED BANK
015 B00AA42 S
015 C01AA42 MANILA
015 D01AA42 PHILIPPINES
015 E04AA42 X
015 A00AA43 CITIBANK POLAND S.A.
015 B00AA43 S
015 C01AA43 WARSAW
015 D01AA43 POLAND
015 E04AA43 X
015 A00AA44 BANCO COMERCIAL PORTUGUES
015 B00AA44 S
015 C01AA44 LISBON
015 D01AA44 PORTUGAL
015 E04AA44 X
015 A00AA45 THE DEVELOPMENT BANK OF SINGAPORE LTD.
015 B00AA45 S
015 C01AA45 SINGAPORE
015 D01AA45 SINGAPORE
015 E04AA45 X
015 A00AA46 CESKOSLOVENSKA OBCHODNA BANKA A.S.
015 B00AA46 S
015 C01AA46 BRATISLAVA
015 D01AA46 SLOVAK REPUBLIC
015 E04AA46 X
015 A00AA47 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B00AA47 S
015 C01AA47 JOHANNESBURG
015 D01AA47 SOUTH AFRICA
015 E04AA47 X
015 A00AA48 BANCO SANTANDER, S.A.
015 B00AA48 S
015 C01AA48 MADRID
015 D01AA48 SPAIN
015 E04AA48 X
<PAGE> PAGE 7
015 A00AA49 THE HONG KONG AND SHANGHAI BANKING CORP
015 B00AA49 S
015 C01AA49 COLOMBO
015 D01AA49 SRI LANKA
015 E04AA49 X
015 A00AA50 BARCLAYS BANK OF SWAZILAND LIMITED
015 B00AA50 S
015 C01AA50 MBABANE
015 D01AA50 SWAZILAND
015 E04AA50 X
015 A00AA51 SKANDINAVISKA ENSKILDA BANKEN
015 B00AA51 S
015 C01AA51 STOCKHOLM
015 D01AA51 SWEDEN
015 E04AA51 X
015 A00AA52 UNION BANK OF SWITZERLAND
015 B00AA52 S
015 C01AA52 ZURICH
015 D01AA52 SWITZERLAND
015 E04AA52 X
015 A00AA53 CENTRAL TRUST OF CHINA
015 B00AA53 S
015 C01AA53 TAIPEI
015 D01AA53 TAIWAN-R.O.C.
015 E04AA53 X
015 A00AA54 STANDARD CHARTERED BANK
015 B00AA54 S
015 C01AA54 BANGKOK
015 D01AA54 THAILAND
015 E04AA54 X
015 A00AA55 CITIBANK, N.A.
015 B00AA55 S
015 C01AA55 ISTANBUL
015 D01AA55 TURKEY
015 E04AA55 X
015 A00AA56 STATE STREET CORP.
015 B00AA56 S
015 C01AA56 LONDON
015 D01AA56 UNITED KINGDOM
015 E04AA56 X
015 A00AA57 CITIBANK, N.A.
015 B00AA57 S
015 C01AA57 MONTEVIDEO
015 D01AA57 URUGUAY
015 E04AA57 X
015 A00AA58 CITIBANK, N.A.
015 B00AA58 S
015 C01AA58 CARACAS
015 D01AA58 VENEZUELA
015 E04AA58 X
015 A00AA59 BARCLAYS BANK OF ZAMBIA LIMITED
<PAGE> PAGE 8
015 B00AA59 S
015 C01AA59 LUSAKA
015 D01AA59 ZAMBIA
015 E04AA59 X
015 A00AA60 BARCLAYS BANK OF ZAMBIA LIMITED
015 B00AA60 S
015 C01AA60 HARARE
015 D01AA60 ZIMBABWE
015 E04AA60 X
015 A00AA61 THE HONG KONG ANS SHANGHAI BANKING CORP
015 B00AA61 S
015 C01AA61 SHENZHEN
015 D01AA61 CHINA
015 E04AA61 X
015 A00AA62 CEDEL
015 B00AA62 S
015 C01AA62 LUXEMBOURG
015 D01AA62 LUXEMBOURG
015 E04AA62 X
015 A00AA63 SCOTIABANK JAMACIA TRUST & MERCHANT BANK
015 B00AA63 S
015 C01AA63 KINGSTON
015 D01AA63 JAMACIA
015 E04AA63 X
015 A00AA64 CITI-ECUADOR
015 B00AA64 S
015 C01AA64 QUITO
015 D01AA64 ECUADOR
015 E04AA64 X
015 A00AA65 CREDIT SUISSE ZURICH
015 B00AA65 S
015 C01AA65 MOSCOW
015 D01AA65 RUSSIA
015 E04AA65 X
015 A00AA66 REPUBLIC BANK LIMITED
015 B00AA66 S
015 C01AA66 TRINIDAD
015 D01AA66 TRINIDAD & TOBAGO
015 E04AA66 X
015 A00AA67 SOCIETE GENERALE
015 B00AA67 S
015 C01AA67 IVORY COAST
015 D01AA67 IVORY COAST
015 E04AA67 X
015 A00AA68 BANCO BOLIVIANOS AMERICANO
015 B00AA68 S
015 C01AA68 LAPAZ
015 D01AA68 BOLOVIA
015 E04AA68 X
015 A00AA69 STANDARD BANK
015 B00AA69 S
<PAGE> PAGE 9
015 C01AA69 WINDLEOK
015 D01AA69 NAMBIA
015 E04AA69 X
015 A00AA70 LOMBARD ODLER AND CIE
015 B00AA70 S
015 C01AA70 GENEVA
015 D01AA70 SWITZERLAND
015 E04AA70 X
015 A00AA71 CHINA
015 B00AA71 S
015 C01AA71 TAIPEI
015 D01AA71 TAIWAN
015 E04AA71 X
015 A00AA72 BANQUE INTERNATIONALE ARABE
015 B00AA72 S
015 C01AA72 TUNIS
015 D01AA72 TUNISIA
015 E04AA72 X
015 A00AA73 BANK OF BAHRAIN & KUWAIT
015 B00AA73 S
015 C01AA73 MANAMA
015 D01AA73 BAHRAIN
015 E04AA73 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 3
019 C00AA00 LAZARDFUND
020 A000001 GOLDMAN SACHS
020 B000001 13-5108880
020 C000001 1
020 A000002 MERRILL LYNCH PIERCE FENNER & SMITH, INC.
020 B000002 13-5674085
020 C000002 0
020 A000003 MORGAN STANLEY & CO
020 B000003 13-2655998
020 C000003 0
020 A000004 FIRST BOSTON CORP
020 C000004 0
020 A000005 CAPITAL INSTITUTIONAL SERVICES
020 C000005 0
020 A000006 ROBERT FLEMING AND CO.
020 B000006 13-3298866
020 C000006 0
020 A000007 DUETSCHE MORGAN GRENFEL
020 C000007 0
020 A000008 INSTINET CORP
020 B000008 13-3443395
020 C000008 0
020 A000009 INVESTMENT TECHNOLOGY CORP
020 C000009 0
020 A000010 WARBURG SECURITIES
<PAGE> PAGE 10
020 C000010 0
021 000000 1
022 A000001 STATE STREET BANK & TRUST CO.
022 B000001 04-1867445
022 C000001 18375
022 D000001 0
022 A000002 MERRILL LYNCH PIERCE FENNER & SMITH, INC.
022 B000002 13-5674085
022 C000002 67
022 D000002 20
022 A000003 GOLDMAN SACHS & CO.
022 B000003 13-5108880
022 C000003 43
022 D000003 17
022 A000004 BEAR STEARNS & CO.
022 B000004 13-3299429
022 C000004 33
022 D000004 0
022 A000005 MORGAN STANLEY & CO.
022 B000005 13-2655998
022 C000005 17
022 D000005 0
022 A000006 DONALDSON, LUFKIN, JENRE
022 C000006 11
022 D000006 4
022 A000007 NATIONSBANC MONTGOMERY SE
022 C000007 10
022 D000007 4
022 A000008 JEFFRIES & CO.
022 B000008 95-2622900
022 C000008 13
022 D000008 0
022 A000009 CS FIRST BOSTON CORP
022 C000009 13
022 D000009 0
022 A000010 LEHMAN BROS INC.
022 C000010 10
022 D000010 0
023 C000000 18592
023 D000000 45
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
<PAGE> PAGE 11
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 Y
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 100
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 1
044 00AA00 0
054 A00AA00 Y
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
077 A000000 N
078 000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
<PAGE> PAGE 12
086 E020000 0
086 F010000 0
086 F020000 0
024 000100 N
025 D000101 0
025 D000102 0
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
025 D000109 0
025 D000110 0
025 D000111 0
025 D000112 0
025 D000113 0
025 D000114 0
025 D000115 0
025 D000116 0
028 A010100 1
028 A020100 0
028 A030100 0
028 A040100 0
028 B010100 0
028 B020100 0
028 B030100 1
028 B040100 0
028 C010100 77
028 C020100 0
028 C030100 17
028 C040100 0
028 D010100 50
028 D020100 0
028 D030100 0
028 D040100 0
028 E010100 220
028 E020100 0
028 E030100 25
028 E040100 0
028 F010100 122
028 F020100 0
028 F030100 31
028 F040100 0
028 G010100 470
028 G020100 0
028 G030100 74
028 G040100 0
028 H000100 0
045 000100 Y
046 000100 N
<PAGE> PAGE 13
047 000100 Y
048 000100 0.750
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 Y
053 B000100 Y
053 C000100 N
055 A000100 N
055 B000100 N
056 000100 Y
057 000100 N
058 A000100 N
059 000100 Y
060 A000100 N
060 B000100 N
061 000100 0
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
<PAGE> PAGE 14
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 0.0
066 A000100 Y
066 B000100 N
066 C000100 Y
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 Y
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 Y
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
<PAGE> PAGE 15
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 469
071 B000100 109
071 C000100 650
071 D000100 17
072 A000100 6
072 B000100 1
072 C000100 2
072 D000100 0
072 E000100 0
072 F000100 3
072 G000100 19
072 H000100 0
072 I000100 11
072 J000100 23
072 K000100 0
072 L000100 5
072 M000100 8
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 12
072 S000100 1
072 T000100 1
072 U000100 1
072 V000100 0
072 W000100 0
072 X000100 84
072 Y000100 79
072 Z000100 -2
072AA000100 0
072BB000100 0
072CC010100 0
072CC020100 16
072DD010100 3
072DD020100 0
072EE000100 0
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 94
074 B000100 0
074 C000100 0
074 D000100 0
074 E000100 0
<PAGE> PAGE 16
074 F000100 867
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 1
074 K000100 64
074 L000100 27
074 M000100 0
074 N000100 1053
074 O000100 0
074 P000100 2
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 60
074 S000100 0
074 T000100 991
074 U010100 97
074 U020100 0
074 V010100 10.17
074 V020100 0.00
074 W000100 0.0000
074 X000100 5
074 Y000100 80
075 A000100 0
075 B000100 932
076 000100 0.00
080 A000100 VIGILANT INSURANCE
080 C000100 10000
081 A000100 N
081 B000100 0
082 A000100 Y
082 B000100 25
083 A000100 N
083 B000100 0
084 A000100 N
084 B000100 0
085 A000100 N
085 B000100 N
024 000200 N
025 D000201 0
025 D000202 0
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 1
028 A020200 0
<PAGE> PAGE 17
028 A030200 100
028 A040200 0
028 B010200 0
028 B020200 0
028 B030200 1
028 B040200 0
028 C010200 23
028 C020200 0
028 C030200 9
028 C040200 0
028 D010200 10
028 D020200 0
028 D030200 0
028 D040200 0
028 E010200 15
028 E020200 0
028 E030200 0
028 E040200 0
028 F010200 21
028 F020200 0
028 F030200 0
028 F040200 0
028 G010200 70
028 G020200 0
028 G030200 110
028 G040200 0
028 H000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 1.000
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
<PAGE> PAGE 18
048 K010200 0
048 K020200 0.000
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 Y
053 B000200 Y
053 C000200 N
055 A000200 N
055 B000200 N
056 000200 Y
057 000200 N
058 A000200 N
059 000200 Y
060 A000200 N
060 B000200 N
061 000200 0
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 0
063 B000200 0.0
066 A000200 Y
066 B000200 N
066 C000200 Y
066 D000200 N
066 E000200 N
066 F000200 N
066 G000200 N
067 000200 N
068 A000200 N
068 B000200 Y
069 000200 N
070 A010200 Y
070 A020200 Y
<PAGE> PAGE 19
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 Y
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 402
071 B000200 276
071 C000200 1210
071 D000200 23
072 A000200 4
072 B000200 3
072 C000200 14
072 D000200 0
072 E000200 0
072 F000200 7
072 G000200 19
072 H000200 0
072 I000200 11
072 J000200 24
072 K000200 0
072 L000200 3
072 M000200 8
<PAGE> PAGE 20
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 11
072 S000200 2
072 T000200 2
072 U000200 1
072 V000200 0
072 W000200 0
072 X000200 88
072 Y000200 76
072 Z000200 5
072AA000200 0
072BB000200 0
072CC010200 0
072CC020200 133
072DD010200 6
072DD020200 0
072EE000200 0
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 92
074 B000200 0
074 C000200 0
074 D000200 0
074 E000200 77
074 F000200 1072
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 3
074 K000200 57
074 L000200 20
074 M000200 0
074 N000200 1321
074 O000200 20
074 P000200 2
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 58
074 S000200 0
074 T000200 1241
074 U010200 147
074 U020200 0
074 V010200 8.46
074 V020200 0.00
<PAGE> PAGE 21
074 W000200 0.0000
074 X000200 5
074 Y000200 290
075 A000200 0
075 B000200 1255
076 000200 0.00
080 A000200 VIGILANT INSURANCE
080 C000200 10000
081 A000200 N
081 B000200 0
082 A000200 Y
082 B000200 25
083 A000200 N
083 B000200 0
084 A000200 N
084 B000200 0
085 A000200 N
085 B000200 N
024 000300 Y
025 A000301 CHASE MANHATTAN CORP
025 C000301 E
025 D000301 8
025 D000302 0
025 D000303 0
025 D000304 0
025 D000305 0
025 D000306 0
025 D000307 0
025 D000308 0
028 A010300 0
028 A020300 0
028 A030300 0
028 A040300 0
028 B010300 100
028 B020300 0
028 B030300 0
028 B040300 0
028 C010300 100
028 C020300 0
028 C030300 0
028 C040300 0
028 D010300 5
028 D020300 0
028 D030300 0
028 D040300 0
028 E010300 64
028 E020300 0
028 E030300 0
028 E040300 0
028 F010300 39
028 F020300 0
<PAGE> PAGE 22
028 F030300 0
028 F040300 0
028 G010300 308
028 G020300 0
028 G030300 0
028 G040300 0
028 H000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.750
048 A010300 0
048 A020300 0.000
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 Y
053 B000300 Y
053 C000300 N
055 A000300 N
055 B000300 N
056 000300 Y
057 000300 N
058 A000300 N
059 000300 Y
060 A000300 N
060 B000300 N
061 000300 0
062 A000300 N
062 B000300 0.0
<PAGE> PAGE 23
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 0.0
066 A000300 Y
066 B000300 N
066 C000300 Y
066 D000300 N
066 E000300 N
066 F000300 N
066 G000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 Y
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
<PAGE> PAGE 24
070 L010300 Y
070 L020300 Y
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 295
071 B000300 4
071 C000300 192
071 D000300 2
072 A000300 4
072 B000300 0
072 C000300 1
072 D000300 0
072 E000300 0
072 F000300 1
072 G000300 0
072 H000300 0
072 I000300 11
072 J000300 16
072 K000300 0
072 L000300 2
072 M000300 5
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 12
072 S000300 2
072 T000300 0
072 U000300 1
072 V000300 0
072 W000300 0
072 X000300 50
072 Y000300 49
072 Z000300 1
072AA000300 0
072BB000300 0
072CC010300 0
072CC020300 0
072DD010300 1
072DD020300 0
072EE000300 0
<PAGE> PAGE 25
073 A010300 0.0000
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 3
074 B000300 0
074 C000300 0
074 D000300 0
074 E000300 0
074 F000300 299
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 48
074 L000300 16
074 M000300 0
074 N000300 366
074 O000300 0
074 P000300 2
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 47
074 S000300 0
074 T000300 317
074 U010300 30
074 U020300 0
074 V010300 10.41
074 V020300 0.00
074 W000300 0.0000
074 X000300 0
074 Y000300 0
075 A000300 0
075 B000300 295
076 000300 0.00
SIGNATURE CHARLES BUCKLEY
TITLE ASSIS. SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001033669
<NAME> LAZARD RETIREMENT SERIES, INC.
<SERIES>
<NUMBER> 1
<NAME> LAZARD RETIREMENT SMALL CAP PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 891954
<INVESTMENTS-AT-VALUE> 867153
<RECEIVABLES> 13592
<ASSETS-OTHER> 172431
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1053176
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 62186
<TOTAL-LIABILITIES> 62186
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 997505
<SHARES-COMMON-STOCK> 97434
<SHARES-COMMON-PRIOR> 60099
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 2219
<ACCUMULATED-NET-GAINS> 20505
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (24801)
<NET-ASSETS> 990990
<DIVIDEND-INCOME> 2377
<INTEREST-INCOME> 578
<OTHER-INCOME> 0
<EXPENSES-NET> 5444
<NET-INVESTMENT-INCOME> (2489)
<REALIZED-GAINS-CURRENT> 20505
<APPREC-INCREASE-CURRENT> (15597)
<NET-CHANGE-FROM-OPS> 2419
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 44282
<NUMBER-OF-SHARES-REDEEMED> 6947
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 399516
<ACCUMULATED-NII-PRIOR> 270
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2722
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 84217
<AVERAGE-NET-ASSETS> 731804
<PER-SHARE-NAV-BEGIN> 9.84
<PER-SHARE-NII> (0.03)
<PER-SHARE-GAIN-APPREC> 0.36
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.17
<EXPENSE-RATIO> 1.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001033669
<NAME> LAZARD RETIREMENT SERIES, INC.
<SERIES>
<NUMBER> 2
<NAME> LAZARD RETIREMENT EMERGING MARKETS PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 1357222
<INVESTMENTS-AT-VALUE> 1148508
<RECEIVABLES> 7408
<ASSETS-OTHER> 164591
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1320507
<PAYABLE-FOR-SECURITIES> 19913
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 60155
<TOTAL-LIABILITIES> 80068
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1465062
<SHARES-COMMON-STOCK> 146557
<SHARES-COMMON-PRIOR> 150628
<ACCUMULATED-NII-CURRENT> 5075
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (21368)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (208330)
<NET-ASSETS> 1240439
<DIVIDEND-INCOME> 14146
<INTEREST-INCOME> 3071
<OTHER-INCOME> 0
<EXPENSES-NET> 12074
<NET-INVESTMENT-INCOME> 5143
<REALIZED-GAINS-CURRENT> (21368)
<APPREC-INCREASE-CURRENT> (133032)
<NET-CHANGE-FROM-OPS> (149257)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7422
<NUMBER-OF-SHARES-REDEEMED> 11493
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (188576)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 68
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6708
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 89064
<AVERAGE-NET-ASSETS> 1352704
<PER-SHARE-NAV-BEGIN> 9.49
<PER-SHARE-NII> 0.04
<PER-SHARE-GAIN-APPREC> (1.07)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 8.46
<EXPENSE-RATIO> 1.80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001033669
<NAME> LAZARD RETIREMENT SERIES, INC.
<SERIES>
<NUMBER> 3
<NAME> LAZARD RETIREMENT EQUITY PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> MAR-19-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 290883
<INVESTMENTS-AT-VALUE> 298614
<RECEIVABLES> 590
<ASSETS-OTHER> 50166
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 349370
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 32258
<TOTAL-LIABILITIES> 32258
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 308421
<SHARES-COMMON-STOCK> 30466
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 504
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 456
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7731
<NET-ASSETS> 317112
<DIVIDEND-INCOME> 1208
<INTEREST-INCOME> 311
<OTHER-INCOME> 0
<EXPENSES-NET> 1015
<NET-INVESTMENT-INCOME> 504
<REALIZED-GAINS-CURRENT> 456
<APPREC-INCREASE-CURRENT> 7731
<NET-CHANGE-FROM-OPS> 8691
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 30466
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 317112
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 507
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 63009
<AVERAGE-NET-ASSETS> 239702
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 0.39
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.41
<EXPENSE-RATIO> 1.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
