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TRSL Legislation Archive

Legislative Session News Archive
 
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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...

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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...

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Session News #7: Hybrid plan bill to be heard this week

May 6, 2019

The House Retirement Committee is scheduled to meet at 9:30 a.m., Wednesday, May 8. The following bill affecting TRSL is on the agenda: 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. Tune in & watch live: You can watch live retirement committee meetings online at www.legis.la.gov. Click on the TV icon f...

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Session News #6: Direct funding bill fails to win passage

May 3, 2019

The House Retirement Committee met yesterday and considered House Bill 19 (Rep. Pearson). The bill, which failed to pass out of committee, would have removed certain initial unfunded accrued liability (IUAL) payments attributable to K-12 employers from the minimum foundation program (MFP) funding and provided for direct payments of such funds to TRSL.    In other legislative news: Term limits bill may be reconsidered at a late...

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