Legislative Session News Archive
Regular Session News #12: PBI bill receives final passage in the House
May 20, 2021
Yesterday, the House unanimously passed the permanent benefit increase (PBI) legislation, Senate Bill 24 (Sen. Price), after agreeing to a technical amendment and an amendment making the legislation effective upon the earlier of the governor’s signature or June 30, 2021. SB 24 would grant a minimum benefit increase to certain retirees, beneficiaries, and survivors of TRSL as well as the retirement systems for state employees, school em...
Regular Session News #11: Membership bill and Social Security resolution advance
May 17, 2021
Today, the Senate Retirement Committee reported the following bill and resolution favorably: House Bill 22 (Rep. LaCombe) would require all new employees of the Louisiana School Boards Association (LSBA), current employees of the LSBA who have five or more years of service credit in TRSL, and the director of LSBA to become members of TRSL. Currently, LSBA employees are members of the Parochial Employees' Retirement System of Louisian...
Regular Session News #10: Senate Retirement Committee meets Monday
May 14, 2021
The Senate Retirement Committee is scheduled to meet at 2 p.m. on Monday, May 17 (agenda) to consider the following legislation affecting TRSL: House Bill 22 (Rep. LaCombe) would require all new employees, current employees of the Louisiana School Boards Association (LSBA) who have five or more years of service credit in TRSL, and the director of LSBA to become members of TRSL. Currently, LSBA employees are members of the Parochial Emplo...
Regular Session News #9: House Retirement Committee advances PBI bill
May 7, 2021
On Thursday, the House Retirement Committee voted to favorably to report Senate Bill 24 (Sen. Price), which would grant a minimum benefit increase to certain retirees, beneficiaries, and survivors of TRSL, as well as the retirement systems for state employees, school employees, and state police. TRSL retirees who meet the following criteria on June 30, 2021, would be granted a monthly benefit incre...