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LA SSR1
SR
AI Summary
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Senate Committee on Retirement directed to study Teachers' Retirement System of Louisiana (TRSL) retiree reemployment policies and potential changes to return-to-work laws
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Study must balance retiree options, employer staffing needs, ease of usage, actuarial impact on the pension system, and financial costs to employers
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Louisiana's return-to-work laws for TRSL retirees have been in place since 1956 and amended more than 30 times, creating layers of complexity that cause confusion for employers and retirees
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Committee must seek input from stakeholders including TRSL and the legislative auditor's actuary
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Findings must be reported to the Senate prior to the 2026 Regular Session
Legislative Description
Requests a study of the reemployment of retired members of TRSL in positions eligible for TRSL membership and alternative retiree reemployment options.
TEACHERS RETIREMENT
Last Action
Approved on 4/22/2025.
4/22/2025