| 2019 Legislation Affecting TRSL | ||||
| Bill No. | Author | Summary | Status | TRSL Board of Trustees Position |
| New Benefit Structure (Hybrid Plan) | ||||
|---|---|---|---|---|
| HB 28 | Rep. Barry Ivey | Establishes a hybrid retirement benefit structure for members of the state retirement systems first hired on or after July 1, 2020 | Voluntarily Deferred | Oppose |
| Board of Trustees Term Limits | ||||
| SB 14 | Sen. Barrow Peacock | Provides for term limits for retirement system boards of trustees | Pending Senate Retirement | No position |
| Funding/Employer Contributions | ||||
| HB 19 | Rep. Kevin Pearson | Requires certain payments from minimum foundation program formula funds to the Teachers' Retirement System of Louisiana |
Failed to Pass |
No position |
| Social Security Offsets | ||||
| HCR 20 | Rep. Sam Jones | Memorializes Congress to consider eliminating the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) Social Security benefit reductions | Sent to the Sec. of State |
Support |
| SCR 34 | Sen. Beth Mizell | Memorializes Congress to consider eliminating the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) Social Security benefit reductions | Sent to the Sec. of State | Support |
2019 Legislative Session
Session News #9: Short session closes with few bills impacting TRSL
Jun 6, 2019
The 2019 legislative session, which began April 8, ended today. TRSL monitored five pieces of legislation that would have impacted the retirement system. Ultimately, only two resolutions relating to Social Security offsets gained final passage. House Concurrent Resolution 20 (Rep. Jones) and Senate Concurrent Resolution 34 (Sen. Mizell) both request that Congress review and consider eliminating the Windfall Elimination Provision...
Session News #8: Hybrid plan bill deferred in House retirement committee
May 8, 2019
A bill that would establish a hybrid retirement benefit structure for TRSL and the state retirement systems for state employees, school employees, and state police was voluntarily deferred by its author at this morning’s House retirement committee meeting. House Bill 28 (Rep. Ivey) would establish a hybrid retirement benefit structure for certain members of the state retirement systems first hired on or after July 1, 2020. Tun...
Helpful Links
TRSL Legislative Session News Archives Louisiana State Legislature U.S. House of Representatives U.S. Senate Library of Congress (Track federal legislation)