Legislative Session News Archive
Regular Session News #6: House retirement committee to consider several bills affecting TRSL this Friday
Apr 11, 2018
The House retirement committee will consider a number of bills affecting TRSL at its meeting scheduled for 9 a.m., Friday, April 13. The bills to be heard are as follows: HB 11 (Rep. Ivey) would impose a fiduciary duty to state and statewide retirement systems on members of the Public Retirement Systems' Actuarial Committee (PRSAC). HB 13 (Rep. Miller) and HB 696 (Pearson) would add presenter of professional developm...
Regular Session News #5: House retirement committee passes one PRSAC bill; defers others
Mar 29, 2018
Today the House retirement committee considered four bills related to the Public Retirement Systems' Actuarial Committee (PRSAC), which is a committee created by the legislature in 1988 to help Louisiana's state and statewide retirement systems, pension plans, and funds attain and maintain their soundness. One of those bills, HB 12, was amended and reported favorably. It will now be considered by the full House. HB...
Regular Session News #4: Investment bill passes House; other retirement bills up for consideration next week
Mar 23, 2018
The full House passed HB 34 (Rep. Pearson) yesterday which would allow state and statewide retirement systems to allocate a portion of their investments to a terror-free fund rather than a terror-free index fund as currently required by law. This bill will now be referred to the Senate retirement committee for consideration. Coming up next week: The Senate retirement committee will meet at 9 a.m., Monday,...
Regular Session News #3: Bills affecting TRSL move forward
Mar 15, 2018
Today the House retirement committee passed HB 34 (Rep. Pearson) which would allow state and statewide retirement systems to allocate a portion of their investments to a terror-free fund rather than a terror-free index fund as currently required by law. Also, the following Senate bills received passage in the full Senate this morning: SB 4 (Sen. Peacock) would restrict the duties of Board-appointed actuaries to actuari...