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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 House Final Passage | |
| 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 Introduction | 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. | Pending House Retirement | |
| Transfer of Service Credit | ||||
| SB 1 | Sen. Edward J. Price | RETIREMENT SYSTEMS: Provides relative to transfers of service credit between systems. | Pending House Final Passage | Neutral |
| GPO/WEP | ||||
| HCR 20 | Rep. Mike Johnson | CONGRESS: Provides relative to the Government Pension Offset and Windfall Elimination Provision | Pending Senate Introduction | Support |
| Payments Toward UAL | ||||
| HB 782 | Rep. Jack McFarland | APPROPRIATIONS/SUPPLEML: Makes supplemental appropriations for Fiscal Year 2023-2024 | Pending House Appropriations | |
Legislative Session Updates
Regular Session News #8: Proxy voting bill to be heard this week; Congressional hearing on GPO/WEP scheduled for tomorrow
Apr 15, 2024
The House retirement committee is scheduled to meet at 9:30 a.m., Thursday, April 18 where House Bill 902 by Rep. Michael Melerine will be considered (agenda). As currently written, HB 902 proposes to require a commitment from any proxy advisory firm retained by a Louisiana public retirement system to base their voting recommendations for shareholder-sponsored proposals solely on the economic interests of the retirement system. The legis...
Regular Session News #7: Bills proposing changes to retiree reemployment laws and the Optional Retirement Plan advance
Apr 12, 2024
The House retirement committee met yesterday and considered several bills, including return-to-work (RTW) and Optional Retirement Plan (ORP) legislation. The committee favorably reported three bills and one resolution affecting TRSL or its members. A substitute bill for House Bill 35 (Rep. Riser), was proposed by the bill’s author and favorably reported. The substitute bill, which now heads to the full House for consideration, prop...
Helpful Links
TRSL Legislative Session News Archives Louisiana State Legislature U.S. House of Representatives U.S. Senate Library of Congress (Track federal legislation)