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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 Finance | |
| 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 Legislative Bureau | Neutral |
| 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. | Reported by Substitute | |
| 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 Legislative Bureau | Support |
| Payments Toward UAL | ||||
| HB 782 | Rep. Jack McFarland | APPROPRIATIONS/SUPPLEML: Makes supplemental appropriations for Fiscal Year 2023-2024. | Pending Senate Finance | |
Legislative Session Updates
Regular Session News #12: Substitute proxy voting bill moves forward
May 1, 2024
Today, the House retirement committee favorably reported a substitute bill for the investment-related House Bill 902 (Rep. Melerine). The substitute bill introduced by Rep. Melerine would to do the following: Generally, prohibit the governing authority of a La. public retirement system from voting on a shareholder-sponsored proposal recommendation from a proxy advisory firm unless the voting recommendation is consistent with the position of t...
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 ...
Helpful Links
TRSL Legislative Session News Archives Louisiana State Legislature U.S. House of Representatives U.S. Senate Library of Congress (Track federal legislation)