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LA SB16

Bill

Official Source

Status

Introduced

1/23/2026

Primary Sponsor

Edward Price

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Reduces annual investment training requirements for retirement system board trustees from 8 hours to 7 hours

  • Decreases actuarial science education requirements from 4 hours to 2 hours annually

  • Lowers required education on system laws, rules, and regulations from 2 hours to 1 hour per year

  • Applies to trustees of 14 Louisiana public retirement systems, including state employees, teachers, police, firefighters, and municipal employees

  • Effective August 31, 2026

Legislative Description

Provides for educational requirements for trustees of certain retirement system boards. (8/31/26) (EG NO IMPACT FC)

RETIREMENT SYSTEMS

Last Action

Read by title. Ordered engrossed and passed to third reading and final passage.

3/11/2026

Committee Referrals

Retirement1/23/2026

Full Bill Text

No bill text available