Regular Session News #13: Resolution addressing Social Security offsets passes; proposed constitutional amendments advance
May 9, 2022
Today, the Senate Retirement Committee reported House Concurrent Resolution 11 (Rep. M. Johnson) favorably, as amended. This resolution urges and requests state legislatures to ask Congress to review and eliminate or reduce the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) Social Security benefit reductions. The resolution also requests that the Louisiana Attorney General explore legal action to restore benefits lost to the GPO and WEP.
The amendment adds a reference to the Louisiana Legislature’s passing of House Concurrent Resolution 7 in 2021 asking Congress to support federal legislation that would review and reduce or eliminate the GPO and WEP.
House Concurrent Resolution 11 will now go to the full Senate for consideration.
The House Civil Law and Procedure Committee amended and reported the following proposed constitutional amendments favorably:
- House Bill 31 (Rep. Tarver) would allow the Legislature to appropriate monies from the balance of nonrecurring state revenue (after certain allocations) to fund a one-time supplemental benefit to retirees, beneficiaries, and survivors of the four state retirement systems: TRSL, Louisiana State Employees’ Retirement System (LASERS), Louisiana School Employees’ Retirement System (LSERS), and Louisiana State Police Retirement System (LSPRS).
- House Bill 29 (Rep. Nelson) would require a minimum of 50% of nonrecurring state revenue to be appropriated to the UALs of the four state retirement systems (TRSL, LASERS, LSERS, and LSPRS) beginning FY 2023-24.
You can view all meeting schedules and agendas on the Louisiana State Legislature website. Visit the Legislation page of this website to see all legislation impacting the retirement system. Stay tuned for future updates.