Legislative Session News Archive
Regular Session News #6: Packed agenda for upcoming House retirement committee meeting
Apr 9, 2024
The House retirement committee is scheduled to meet at 9:30 a.m. on Thursday, April 11, to consider several bills that would impact TRSL. The lengthy agenda includes the following bills: Return to Work House Bill 17 (Rep. Owen) would temporarily allow most TRSL retirees to be reemployed through a contract or corporate contract without the typical one-year waiting period or suspension of retirement benefit. House Bill 35 (Rep. Riser) woul...
Regular Session News #5: Investment bill stays in committee
Apr 3, 2024
On Tuesday, the Senate retirement committee considered a substitute bill in place of Senate Bill 5 (Sen. Miguez). The substitute bill, also by Sen. Miguez, would still establish in law new language governing certain investment and proxy voting decisions made on behalf of the retirement systems. The substitute bill also gives the state attorney general enforcement authority over provisions in the bill. The substitute bill did not advance...
Regular Session News #4: Senate retirement committee takes up investments bill on Tuesday
Mar 28, 2024
The Senate retirement committee will consider Senate Bill 5 by Sen. Blake Miguez at 2:00 p.m., Tuesday, April 2 (agenda). The bill was originally scheduled for consideration on March 18, but was removed from the agenda at the request of the bill’s author. As originally filed, Senate Bill 5 proposes to put in place broad and far-reaching requirements for all fiduciaries of Louisiana’s publi...
Regular Session News #3: Senate retirement committee advances Senate Bill 1
Mar 18, 2024
Today, the Senate Retirement Committee favorably reported Senate Bill 1 (Sen. Price). SB 1 would add clarifying language in the law related to employer contributions eligible for transfer to another Louisiana public retirement system when a member requests to transfer their service credit to another system, fund, or plan in which they become eligible for membership. SB 1 now heads to the full Senate for consideration. Although it was orig...