LATEST NEWS

Submit Your Louisiana Photos

For many years, LASERS members and affiliates have submitted hundreds of photos to us representing Louisiana’s natural beauty and way of life. Many of those submitted photos are currently featured and credited throughout many of our digital and print layouts. Do you have original images that reflect the beauty of Louisiana’s landscape, culture, business, industry, […]

Retirees: June 1 Benefit Payment Falls on a Saturday

Since June 1 falls on a Saturday, receipt of your funds can be affected by whether you receive a check or direct deposit and your financial institution’s rules when the first falls on a weekend and/or holiday. Direct Deposits are guaranteed to be in your bank or credit union on the first day of the month. […]

Two “Impacts LASERS” Bills On Committee Agenda

May 20, 2024 HB 30 by Rep. Bagley is scheduled to be heard in the House Appropriations Committee on Monday, May 20 at 9:00 a.m. This bill permits any rank-and-file member, regardless of age or first date of employment, to retire with 27 years of service credit. The LASERS Board is neutral on HB 30. HB 981 […]

Updates on Legislation Impacting LASERS

May 10, 2024 Moving Through the Legislative Process HB 800 by Rep. Beaullieu was amended and passed on the House Floor. HB 800 calls for a constitutional convention and requires the convention to complete a new constitution. One amendment added the constitutional provisions relative to LASERS to the list of “protected” provisions. Another amendment changed […]

Retirement Legislation Update as of May 3, 2024

SB 1 by Sen. Price passed on the House Floor. SB 1 specifies, that for transfers between systems, “employer contributions” are defined as only those employer contributions that are actuarially required. The LASERS Board supports this bill. HB 30 by Rep. Bagley was amended and reported favorably in the House Retirement Committee. This bill permits any rank-and-file member, regardless […]