2018 Legislative Session
 
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 House Retirement Committee Oppose
Investments/Investment Fees
SB 530 Sen. John Milkovich Provides for reduction of investment fees and allocation of savings. Voluntarily Deferred Oppose
HB 23 Rep. Barry Ivey Provides for a limitation on investment portfolio allocation to alternative investments Voluntarily Deferred Oppose
HB 34 Rep. Kevin Pearson Provides relative to the use of terror-free index funds by the state and statewide retirement systems  Pending Senate Final Passage 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  House Retirement Committee 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 House Retirement Committee Neutral
Board Actuary Duties
SB 4 Sen. Barrow Peacock Provides for the independence of state and statewide retirement systems' actuaries House Retirement Committee Neutral
Public Retirement Systems' Actuarial Committee (PRSAC)
SB 13

Sen. Barrow Peacock

Provides for the Public Retirement Systems' Actuarial Committee House Retirement Committee Neutral
HB 11 Rep. Barry Ivey Imposes on the Public Retirement Systems' Actuarial Committee a fiduciary duty to the state and statewide retirement systems  Voluntarily Deferred Neutral
HB 12 Rep. Barry Ivey Requires the Public Retirement Systems' Actuarial Committee to report to the legislature  Senate Retirement Committee Neutral
HB 21 Rep. Barry Ivey Adds members to the Public Retirement Systems' Actuarial Committee  Voluntarily Deferred Oppose
HB 24 Rep. Barry Ivey Requires actuaries to submit uniform reports of actuarial assumptions to the Public Retirement Systems' Actuarial Committee  Voluntarily Deferred 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  House Retirement Committee Neutral
Return to Work
HB 13 Rep. Gregory Miller Provides relative to the reemployment of retirees of the Teachers' Retirement System of Louisiana  Pending House Final Passage 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  Pending House Final Passage Neutral
HB 696 Rep. Kevin Pearson Provides relative to the reemployment of retirees of the Teachers' Retirement System of Louisiana  Pending House Final Passage Neutral
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 Pending House Floor Action Support
Updated: April 20, 2018
2018 Legislative Session
 

Regular Session News #9: Military service credit bill gets nod in House retirement; what's coming up next week

Apr 20, 2018

The House retirement committee passed SB 17 by Sen. Barrow Peacock earlier this week. The bill would create consistency among state and statewide retirement systems in the application of state and federal law related to military service credit purchases. SB 17 will now be considered by the full House.   Coming up next week The Senate retirement committee is scheduled to meet at 9 a.m., Monday, April 23. The following bill affecting TR...

Regular Session News #8: Senate retirement moves one investments-related bill forward

Apr 17, 2018

The Senate retirement committee met yesterday afternoon and passed the following bill related to the investments of state and statewide retirement systems: HB 34 (Rep. Pearson) would allow state and statewide retirement systems to allocate a portion of their investments to a terror-free fund rather than a terror-free index fund as currently required by law. This bill will now be considered by the full Senate. The ...

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