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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. | Did Not Pass | 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] | Act 394 | Neutral |
| 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. | Act 109 | 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. | Did Not Pass | 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 - Became HB 981 | Oppose |
| HB 981 | Rep. Michael Melerine | RETIREMENT SYSTEMS: Provides relative to public retirement system proxy voting on shareholder sponsored proposals. [Substitute for HB 902] | Did Not Pass | Oppose |
| Transfer of Service Credit | ||||
| SB 1 | Sen. Edward J. Price | RETIREMENT SYSTEMS: Provides relative to transfers of service credit between systems. | Act 46 | Neutral |
| GPO/WEP | ||||
| HCR 20 | Rep. Mike Johnson | CONGRESS: Provides relative to the Government Pension Offset and Windfall Elimination Provision. | Sent to the Sec. of State | Support |
| Payments Toward UAL | ||||
| HB 782 | Rep. Jack McFarland | APPROPRIATIONS/SUPPLEML: Makes supplemental appropriations for Fiscal Year 2023-2024. | Act 774 | |
Legislative Session Updates
Regular Session News #19: End of session delivers return-to-work and Optional Retirement Plan changes
Jun 5, 2024
The 2024 Regular Session, which began March 11, ended on Monday. TRSL monitored several pieces of legislation having a direct impact on the retirement system and/or its members. Overall, several pieces of legislation impacting TRSL received final legislative passage. Here’s a look at what they do: Return to Work Act 394 [House Bill 967] (Rep. Riser) will allow TRSL retirees, regardless of retirement date, to...
Regular Session News #18: Governor signs return-to-work bill into law
May 31, 2024
House Bill 967 (Rep. Riser) was signed into law by the governor this week, becoming Act 394. The new law creates additional opportunities for TRSL retirees to return to work in a TRSL-eligible position without the suspension or reduction of their retirement benefits, but subject to a 12-month waiting period. Summary of Act 394: For retirees who retired before July 1, 2020: Allows these retirees to return to work part-time&nb...
Helpful Links
TRSL Legislative Session News Archives Louisiana State Legislature U.S. House of Representatives U.S. Senate Library of Congress (Track federal legislation)