Legislative Session News Archive
Session News #2: Board term limits bill deferred in Senate Retirement Committee
Apr 9, 2019
A bill that would establish term limits for the TRSL Board of Trustees and other state and statewide retirement systems was deferred by its author at this morning’s Senate Retirement Committee meeting. Senate Bill 14 (Sen. Peacock) would limit the ability of elected board members of state/statewide retirement systems from running for a term that would allow that board member to serve more than 12 consecutive years. Before the bill wa...
Session News #1: Legislative session starts Monday, several bills would affect TRSL
Apr 5, 2019
The 2019 Regular Legislative Session starts Monday, and the following three bills affecting TRSL and its members have been filed. House Bill 19 (Rep. Pearson) would remove certain initial unfunded accrued liability (IUAL) payments attributable to K-12 employers from the minimum foundation program (MFP) funding, and instead provide for direct payments of such funds to TRSL. House Bill 28 (Rep. Ivey) would establish a hybrid retirem...
Regular Session News #16: Find out what happened to legislation affecting TRSL
May 21, 2018
The 2018 regular session ended Friday. Here's where bills affecting TRSL stand: LEGISLATION THAT PASSED: Return to work HB 13 (Rep. Miller) was signed by the Speaker and will be sent to the governor. If enacted, it would add presenter of professional development and tutor for any student in PreK through twelfth grade to the list of "re-employment eligible positions" allowing retirees to return to work and continu...
Regular Session News #15: Pension bills move forward; second special session ahead
May 15, 2018
The full Senate yesterday passed HB 14 (Rep. Smith), which would add full-time interpreter, educational transliterator, or educator of the deaf or hard of hearing and full- or part-time PreK teachers to the list of “re-employment eligible critical shortage positions” allowing retirees to return to work without a reduction of benefits (after the required waiting period and certification of shortage). HB 14 is now pending...