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2024 Bills Affecting TRSL
| Bill No. | Author | Description | Status | Board Position |
| Return to Work | ||||
| HB 17 | Rep. Charles Owen | RETIREMENT/TEACHERS: Provides relative to the reemployment of contract teachers in the Teachers' Retirement System of Louisiana. | Pending House Retirement | Oppose (as originally filed) |
| HB 35 | Rep. Neil Riser | RETIREMENT/TEACHERS: Provides for the reemployment of retirees of the Teachers' Retirement System of Louisiana in critical shortage positions. | Reported by Substitute - Became HB 967 | Oppose (as originally filed) |
| HB 967 | Rep. Neil Riser | RETIREMENT/TEACHERS: Provides for the reemployment of retirees of the Teachers' Retirement System of Louisiana in critical shortage positions. [Substitute for HB 35] | Pending Senate Floor Action | Neutral |
| Optional Retirement Plan (ORP) | ||||
| HB 31 | Rep. Barbara Freiberg | RETIREMENT/TEACHERS: Provides relative to the optional retirement plan and defined benefit plan for the Teachers' Retirement System of Louisiana. | Pending Senate Final Passage | Neutral |
| Investments/ESG-Related | ||||
| SB 5 | Sen. Blake Miguez | RETIREMENT SYSTEMS: Requires fiduciaries for public retirement systems to make investment decisions based solely on financial factors. | Pending Senate Retirement | Oppose (as originally filed) |
| HB 902 | Rep. Michael Melerine | RETIREMENT SYSTEMS: Requires fiduciaries for public retirement systems to make investment decisions based solely on financial factors. | Reported by Substitute | Oppose |
| Transfer of Service Credit | ||||
| SB 1 | Sen. Edward J. Price | RETIREMENT SYSTEMS: Provides relative to transfers of service credit between systems. | Passed the House | Neutral |
| GPO/WEP | ||||
| HCR 20 | Rep. Mike Johnson | CONGRESS: Provides relative to the Government Pension Offset and Windfall Elimination Provision. | Pending Senate Final Passage | Support |
| Payments Toward UAL | ||||
| HB 782 | Rep. Jack McFarland | APPROPRIATIONS/SUPPLEML: Makes supplemental appropriations for Fiscal Year 2023-2024. | Pending Senate Finance | |
Legislative Session Updates
Regular Session News #13: Return-to-work bill clears another legislative hurdle
May 3, 2024
Yesterday, the Senate finance committee favorably reported return-to-work (RTW) legislation, House Bill 967 (Rep. Riser). HB 967 proposes to do the following: For retirees who retired before July 1, 2020: Allow these retirees to return to work part-time after a 12-month waiting period in certain critical shortage positions without a suspension or reduction in retirement benefits. [Under current law, retirees reemployed...
Regular Session News #12: Substitute proxy voting bill moves forward
May 1, 2024
Today, the House retirement committee favorably reported a substitute bill for the investment-related House Bill 902 (Rep. Melerine). The substitute bill introduced by Rep. Melerine would to do the following: Generally, prohibit the governing authority of a La. public retirement system from voting on a shareholder-sponsored proposal recommendation from a proxy advisory firm unless the voting recommendation is consistent with the position of t...
Helpful Links
TRSL Legislative Session News Archives Louisiana State Legislature U.S. House of Representatives U.S. Senate Library of Congress (Track federal legislation)