Regular Session News #7: Return-to-work bills move forward
May 16, 2017
The Senate retirement committee yesterday favorably reported two return-to-work bills affecting retired school nurses and school psychologists.- HB 4 (Rep. Miguez) proposes to add school nurses to the list of retirees who can return to work and continue to receive a benefit check, subject to a 25% of annual benefit earnings limitation.
- HB 31 (Rep. Hoffmann) proposes to add school psychologists to the list of critical shortage positions in which a retiree can return to work without a reduction of benefits.
These three bills move to the full Senate for consideration.
In other legislative action
The House appropriations committee passed an amended HB 456 (Rep. Abramson). This bill proposes to hold a constitutional convention to make changes to fiscal provisions in the state constitution, including retirement matters. With respect to retirement, substantive changes could be proposed that impact “the manner in which retirement benefits are accrued by members of any state or statewide public retirement system hired after December 31, 2019; the management of investments held by the state retirement systems; and the enactment of retirement benefit provisions.” The bill was amended yesterday to remove per diem costs for convention delegates. It now goes before the full House for consideration.
A complete list of legislation impacting TRSL, including the position taken by the TRSL Board of Trustees on each bill, is available on the Legislation page of our website.
TUNE IN & WATCH LIVE: You can watch live retirement committee meetings online at www.legis.la.gov. Click on the TV icon for any meeting in progress that you’d like to view. Archived broadcasts are available here.