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2024 Bills Affecting TRSL
Bill No. | Author | Description | Status | Board Position |
Return to Work | ||||
HB 17 | Rep. Charles Owen | RETIREMENT/TEACHERS: Provides relative to the reemployment of contract teachers in the Teachers' Retirement System of Louisiana. | Pending House Retirement | Oppose (as originally filed) |
HB 35 | Rep. Neil Riser | RETIREMENT/TEACHERS: Provides for the reemployment of retirees of the Teachers' Retirement System of Louisiana in critical shortage positions. | Reported by Substitute - Became HB 967 | Oppose (as originally filed) |
HB 967 | Rep. Neil Riser | RETIREMENT/TEACHERS: Provides for the reemployment of retirees of the Teachers' Retirement System of Louisiana in critical shortage positions. [Substitute for HB 35] | Pending Senate Floor Action | |
Optional Retirement Plan (ORP) | ||||
HB 31 | Rep. Barbara Freiberg | RETIREMENT/TEACHERS: Provides relative to the optional retirement plan and defined benefit plan for the Teachers' Retirement System of Louisiana. | Pending Senate Floor Action | Neutral |
HR 169 | Rep. Tony Bacala | RETIREMENT/TEACHERS: Creates a task force to study the Optional Retirement Plan within the Teachers' Retirement System of Louisiana. | Pending House Referral | |
Investments/ESG-Related | ||||
SB 5 | Sen. Blake Miguez | RETIREMENT SYSTEMS: Requires fiduciaries for public retirement systems to make investment decisions based solely on financial factors. | Pending Senate Retirement | Oppose (as originally filed) |
HB 902 | Rep. Michael Melerine | RETIREMENT SYSTEMS: Requires fiduciaries for public retirement systems to make investment decisions based solely on financial factors. | Pending House Retirement | |
Transfer of Service Credit | ||||
SB 1 | Sen. Edward J. Price | RETIREMENT SYSTEMS: Provides relative to transfers of service credit between systems. | Pending House Final Passage | Neutral |
GPO/WEP | ||||
HCR 20 | Rep. Mike Johnson | CONGRESS: Provides relative to the Government Pension Offset and Windfall Elimination Provision. | Pending Senate Floor Action | Support |
Payments Toward UAL | ||||
HB 782 | Rep. Jack McFarland | APPROPRIATIONS/SUPPLEML: Makes supplemental appropriations for Fiscal Year 2023-2024. | Pending Senate Introduction | |
Disability Benefits – Study Request | ||||
HSR 4 | Rep. Neil Riser | RETIREMENT/STATE SYSTEMS: Requests a study of benefits available to the beneficiaries of a member of a state retirement system killed in the line of duty by an intentional act of violence. | Distributed to House Members |
Legislative Session Updates
Regular Session News #11: Legislation affecting TRSL advances to full Senate
Apr 29, 2024
Today, the Senate retirement committee favorably reported bills impacting the Optional Retirement Plan (ORP) and return to work (RTW) provisions. The committee also advanced the Social Security offset resolution. These legislative instruments will move forward to the full Senate for consideration: House Bill 31 (Rep. Freiberg) would provide a window for active, contributing ORP participants to join the TRSL defined benefit plan. The ORP ...
Regular Session News #10: Senate retirement committee set to hear TRSL-impacting legislation; Proxy voting bill to be reconsidered
Apr 26, 2024
The Senate retirement committee is scheduled to meet at 10:00 a.m. on Monday, April 29 (agenda). The committee will consider three legislative instruments that would impact TRSL: House Bill 31 (Rep. Freiberg) would provide a window for active, contributing Optional Retirement Plan (ORP) participants to join the TRSL defined benefit plan. The ORP is a defined contribution retirement plan similar to a 401(k). House Bill 967 (Rep. Ri...