Legislative Session News Archive
Regular Session News #2: Senate committee restricts actuary duties, pass PRSAC bill and more
Mar 13, 2018
The Senate retirement committee moved forward four pieces of legislation affecting TRSL which will now go to the Senate floor for consideration. SB 4 (Sen. Peacock) passed. It would restrict the duties of Board-appointed actuaries to actuarial matters and reaffirms the ability of state and statewide retirement systems to appoint independent actuaries. SB 6 (Sen. Peacock) passed. It would prohibit an employee who moves to a po...
Regular Session News #1: 2018 Regular Legislative Session kicks off soon
Mar 9, 2018
The 2018 regular session starts at noon on Monday, March 12. A complete list of legislation affecting TRSL, along with the positions taken by the TRSL Board of Trustees for each bill, is available on the legislation page of our website, www.TRSL.org. Coming up next week: The Senate retirement committee is scheduled to meet Monday, March 12 upon adjournment of the full Senate. The following bills affecting TRSL are on the age...
Regular Session News #11: Find out what happened to legislation affecting TRSL
Jun 9, 2017
The 2017 regular session ended yesterday at 6 p.m. Here is what happened to bills affecting TRSL. Legislation that passed: Return to work: HB 4 (Rep. Miguez) was signed into law and is now Act 15. Act 15 becomes effective July 1 and adds 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) ...
Special Session News #10: A second return-to-work bill now awaits consideration
Jun 2, 2017
A second return-to-work bill now awaits consideration by Gov. John Bel Edwards. HB 31 (Rep. Hoffmann) adds school psychologists to the list of critical shortage positions in which a retiree can return to work without a reduction of benefits. The bill was amended to provide that if a retiree’s benefit was calculated at an accrual rate lower than 2.5% or their benefit was actuarially reduced, they will be subject to a 36-month ...