2018 Legislative Session
 
The 2018 Regular Legislative Session ended June 4. The final status of bills impacting TRSL is below:
 
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
2018 Legislative Session
 

Regular Session News #16: Find out what happened to legislation affecting TRSL

May 21, 2018

The 2018 regular session ended Friday. Here's where bills affecting TRSL stand: LEGISLATION THAT PASSED: Return to work HB 13 (Rep. Miller) was signed by the Speaker and will be sent to the governor. If enacted, it would add presenter of professional development and tutor for any student in PreK through twelfth grade to the list of "re-employment eligible positions" allowing retirees to return to work and continu...

Regular Session News #15: Pension bills move forward; second special session ahead

May 15, 2018

The full Senate yesterday passed HB 14 (Rep. Smith), which would add full-time interpreter, educational transliterator, or educator of the deaf or hard of hearing and full- or part-time PreK teachers to the list of “re-employment eligible critical shortage positions” allowing retirees to return to work without a reduction of benefits (after the required waiting period and certification of shortage). HB 14 is now pending...

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