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2025 Regular Legislative Session
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2025 Legislative Session Bills Affecting TRSL
Bill No. | Author | Description | Status | Board Position |
Optional Retirement Plan and TRSL Membership | ||||
HB 24 | Rep. Tony Bacala | RETIREMENT/TEACHERS: Provides relative to the optional retirement plan in the Teachers' Retirement System of Louisiana | Pending House Retirement | |
Investments/ESG-Related | ||||
SB 7 | Sen. Valarie Hodges | RETIREMENT BENEFITS: Requires fiduciaries of public retirement systems to make investment decisions based solely on financial factors. | Pending Senate Retirement | Oppose as originally filed |
Return to Work | ||||
HB 20 | Rep. Pat Moore | RETIREMENT/TEACHERS: Provides relative to the reemployment of retired teachers in the Teachers' Retirement System of Louisiana | Pending House Retirement |
Legislative Session Updates
Regular Session News #22: Passage of PBI funding bill a highlight of 2023
Jun 9, 2023
The 2023 Regular Session, which began April 10 and ended yesterday, marked a big win for retirees and beneficiaries of the four state retirement systems for teachers, state employees, school employees, and state police. Landmark legislation that creates a new, more predictable model for funding future permanent benefit increases (PBIs) passed with overwhelming support. Overall, four bills impacting TRSL received final legislati...
Regular Session News #21: Senate passes proposed constitutional amendment for future UAL payments; other UAL payment bills still in play
Jun 6, 2023
After being favorably reported by the Senate Finance Committee over the weekend, House Bill 47 (Rep. Nelson) was passed by the full Senate yesterday. HB 47, a proposed constitutional amendment, requires a minimum of 25% of nonrecurring state revenue to be appropriated to the unfunded accrued liabilities (UALs) of the four state retirement systems for teachers, state employees, school employees, and state police, beginning FY 2024-25. HB 47 w...