2020 RTW Law

Who is subject to the 2020 RTW Law?

If you meet the following criteria, you are in the 2020 RTW Group and subject to the 2020 RTW Law (La. R.S. 11:710.1).
  • Retirees who return to work in positions eligible for TRSL membership for the first time on or after July 1, 2020
  • Retirees who meet criteria for the 2010 RTW Group, but who make an irrevocable election to be in the 2020 RTW Group
How does the 2020 RTW Law (La. R.S. 11:710.1) affect me?

TRSL retirees in the 2020 RTW Group, who return to work in positions eligible for TRSL membership as direct hires and not by contract or corporate contract, must choose one of the following options that will either limit their earnings during re-employment or suspend their retirement benefit while they accrue a supplemental benefit during re-employment. 

The options from which 2020 RTW Group retirees can choose are determined by whether their position in re-employment is part-time or full-time. Use the table below to determine what option is available to you.
 
RTW Option 1
 
available to all part-time and full-time direct employment positions
  • Retiree earnings are limited to 25% (per fiscal year) of their final average compensation (FAC) from their original retirement.
  • Benefit is reduced when earnings limit is reached, and if necessary, suspended to recover amounts over earnings limit.
Additional information: Retirees returning to work under RTW Option 1 can convert to RTW Option 2 any time before or after reaching the 25% earnings limit (per fiscal year) provided the RTW Option 2 position is full-time.
RTW Option 2
 
available to all
full-time direct employment positions
  • Retiree benefit is suspended for the duration of re-employment and retiree regains active membership in TRSL.
  • Service credit is earned during re-employment and retiree accrues a supplemental benefit. Supplemental benefit is calculated with the same formula used to determine the retiree's original benefit, utilizing service credit earned during re-employment under RTW Option 2. The final average compensation (FAC) utilized will depend on the length of re-employment.
Additional information: The supplemental benefit is calculated with same formula used to determine the retiree's original benefit.
  • If re-employment lasts at least 36 months: The supplemental benefit is calculated based on the higher of the retiree's original FAC or the FAC since re-employment. 
  • If re-employment lasts less than 36 months: The supplemental benefit is calculated based on the retiree's original FAC.

What if I return to work by contract or corporate contract?

Retirees returning to work through any employment by contract or corporate contract will have their benefits suspended for the duration of re-employment, and do not earn a supplemental benefit.

What is a waiting period and am I subject to it?

Retirees returning to work in positions eligible for TRSL membership are subject to a mandatory waiting period during which their TRSL benefits will be suspended. 

Within the 2020 RTW Group, retirees returning to active service for the first time on or after July 1, 2020, and within 12 months after retirement will have their retirement benefits suspended for the duration of such active service or the lapse of 12 months from retiree’s effective date of his retirement, whichever occurs first. 
Questions?

  Ask TRSL - Email TRSL your return-to-work questions. 
  Frequently asked questions (FAQs) 
Back to Top of Page