LA HB950

Creates the Pension Protection and Retirement Income Financial Guidance Program within the Louisiana Office of Elderly Affairs for residents 60 years of age or older

Requires development of educational materials covering pension and retirement account protection, income optimization, financial products marketed to seniors, and strategies to reduce risks from unexpected hardships

Mandates inclusion of warning signs of scams, fraud, and financial exploitation targeting seniors, along with prevention tactics

Requires distribution of materials in easy-to-read format on a dedicated, mobile-friendly website, with permission to use other distribution methods to reach seniors

Provides contact information for state agencies, legal aid organizations, dedicated hotlines, and charities offering detailed assistance