Legislative Session News Archive
Regular Session News #4: Bill changing retirement eligibility for new hires reported favorably by the Senate Retirement Committee
Apr 19, 2021
By a vote of 4-3, the Senate Retirement Committee voted today to favorably report Senate Bill 22 (Sen. Peacock). SB 22, which was opposed by the TRSL Board of Trustees, would change retirement eligibility criteria for new hires in TRSL, LASERS, and LSERS whose first employment makes them eligible for membership in a state retirement system on or after July 1, 2021. Members hired on/after July 1, 2021, could retire under the following eligibil...
Regular Session News #3: Senate retirement reports PBI bill favorably
Apr 13, 2021
Today, the Senate Retirement Committee voted to favorably report Senate Bill 24 (Sen. Price). This bill 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. As currently written, TRSL retirees who meet the following criteria on June 30, 2021, would be granted a monthly benefit increase equal to the le...
Regular Session News #2: Senate Retirement Committee to consider PBI bill Tuesday
Apr 12, 2021
The Senate Retirement Committee is scheduled to meet at 10 a.m., Tuesday, April 13 (agenda). The committee will consider 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. As currently written, TRSL retirees who meet the following criteria on June 30, 2021, would be gran...
Regular Session News #1: 2021 Legislative Session starts Monday, four bills could affect TRSL
Apr 6, 2021
The 2021 Regular Legislative Session begins Monday, April 12, and TRSL is monitoring the following bills that could impact the retirement system and its members: Senate bills affecting TRSL Senate Bill 22 (Sen. Peacock) would change retirement eligibility for new hires in TRSL, LASERS, and LSERS whose first employment makes them eligible for membership in a state retirement system on or after July 1, 2021. Members hired on/a...