The 2018 Regular Legislative Session is scheduled to begin Monday, March 12 and end Monday, June 4.  TRSL will provide legislative updates via email, Session News, on all bills and issues that impact the system and its members. Get these updates delivered straight to your inbox through TRSL's eNews.

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2018 Legislation Affecting TRSL
Bill No.	Author	Summary	Status	Board Position
New Benefit Structure (Hybrid Plan)
HB 39	Rep. Barry Ivey	Establishes a hybrid retirement benefit structure for members of the state retirement systems first hired on or after July 1, 2020	Failed to Pass	Oppose
Investments/Investment Fees
SB 530	Sen. John Milkovich	Provides for reduction of investment fees and allocation of savings.	Failed to Pass	Oppose
HB 23	Rep. Barry Ivey	Provides for a limitation on investment portfolio allocation to alternative investments	Failed to Pass	Oppose
HB 34	Rep. Kevin Pearson	Provides relative to the use of terror-free index funds by the state and statewide retirement systems	Act 45	Neutral
Membership (Charter School Teachers)
HB 25	Rep. Kevin Pearson	Provides relative to participation of charter school employees in the Teachers' Retirement System of Louisiana	Failed to Pass	Support
Membership (Retention)
SB 6	Sen. Barrow Peacock	Provides that an employee that moves to a position covered by the Clerks' of Court Retirement and Relief Fund cannot retain TRSL membership even if the employee has five years of service credit in TRSL	Act 342	Neutral
Board Actuary Duties
SB 4	Sen. Barrow Peacock	Provides for the independence of state and statewide retirement systems' actuaries	Act 347	Neutral
Public Retirement Systems' Actuarial Committee (PRSAC)
SB 13	Sen. Barrow Peacock	Provides for the Public Retirement Systems' Actuarial Committee	Act 399	Neutral
HB 11	Rep. Barry Ivey	Imposes on the Public Retirement Systems' Actuarial Committee a fiduciary duty to the state and statewide retirement systems	Failed to Pass	Neutral
HB 12	Rep. Barry Ivey	Requires the Public Retirement Systems' Actuarial Committee to report to the legislature	Failed to Pass	Neutral
HB 21	Rep. Barry Ivey	Adds members to the Public Retirement Systems' Actuarial Committee	Failed to Pass	Oppose
HB 24	Rep. Barry Ivey	Requires actuaries to submit uniform reports of actuarial assumptions to the Public Retirement Systems' Actuarial Committee	Failed to Pass	No Position Taken Yet
Funding/Employer Contributions
HB 22	Rep. Barry Ivey	Sets minimum employer contributions and provides for funding deposit accounts for each state retirement system	Failed to Pass	Neutral
Return to Work
HB 13	Rep. Gregory Miller	Provides relative to the reemployment of retirees of the Teachers' Retirement System of Louisiana	Act 613	Neutral
HB 14	Rep. Patricia Smith	Provides relative to the reemployment of retired interpreters, educational transliterators, and certified educators of the hearing impaired in positions covered by the Teachers' Retirement System of Louisiana	Act 492	Neutral
HB 696	Rep. Kevin Pearson	Provides relative to the reemployment of retirees of the Teachers' Retirement System of Louisiana	Failed to Pass	Neutral
HCR 82	Rep. Larry Bagley	Creates a task force to study issues relative to the employment of retired teachers to meet teacher shortages in public schools	Failed to Pass
Military Service Credit
SB 17	Sen. Barrow Peacock	Provides for harmonization of federal and state law regarding creditable service for military time at La. retirement systems	Act 225	Support
UAL Funding
SR 248	Sen. Dan Morrish	Requests the State Board of Elementary and Secondary Education to explain how the minimum foundation program is calculated to ensure funding of the unfunded accrued liability.	Sent to the Secretary of State

Updated: June 5, 2018

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2018 Legislative Session