In this paper we give a complete description of the power weighted inequalities, of strong, weak and restricted weak type for the pair of Riesz transforms associated with the Laguerre function system $\{\mathcal{L}_k^{\alpha}\}$ , for any given α>-1. We achieve these results by a careful estimate of the kernels: near the diagonal we show that they are local Calderón–Zygmund operators while in the complement they are majorized by Hardy type operators and the maximal heat-diffusion operator. We also show that in all the cases our results are sharp.