OFFICE HOURS
Monday – Friday
7:30 a.m. – 4:00 p.m.
Local: 225.922.0600
Toll-free: 800.256.3000
Fax: 225.935.2856
LOCATION
STREET ADDRESS:
8401 United Plaza Boulevard, 1st Floor
Baton Rouge, LA 70809
MAILING ADDRESS:
P.O. Box 44213
Baton Rouge, LA 70804-4213
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 […]
Retirement Legislation Update as of April 26, 2024
HB 782 by Rep. McFarland was amended and reported favorably in the House Appropriations Committee and passed on the House Floor this week. It now heads to the Senate for consideration. HB 782 would make supplemental appropriations for Fiscal Year 2023-2024 and allocate an additional $9.9 million to LASERS to apply to the balance of […]
Retirement Legislation Update April 22, 2024
The House Retirement Committee discussed HB 902 and HB 30 on Thursday, April 18. HB 902 by Rep. Melerine was amended by substitute. The substitute bill would add new restrictions related to proxy voting on shareholder-sponsored proposals and add new duties and liability to proxy advisory firms working with Louisiana retirement systems. The substitute bill […]
Retirement Legislation Update April 15, 2024
The House Social Security Subcommittee will hold a hearing on the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) on Tuesday, April 16, 2024, at 2:00 p.m. (Central Time). The hearing will be live-streamed on the committee’s website at gop-waysandmeans.house.gov (available when the hearing begins). For more details, please refer to the hearing advisory. […]
Retirement Legislation Update April 11, 2024
The House Retirement Committee is scheduled to meet on Thursday, April 11 at 9:30 a.m. There are currently three bills on the agenda that would impact LASERS, if passed: HB 30 by Rep. Bagley would permit any rank-and-file member, regardless of age or first date of employment, to retire with 25 years of service. SB […]