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As required by the Constitution the Louisiana Legislature holds a Legislative Session each year. They can also hold Special Legislative Sessions that are traditionally called by the Governor.  LSERS is committed to providing information on legislation that affects the system and its members. Visit the Louisiana State Legislature website for more information on legislation.  

The 2015 Regular Legislative Session convenes at noon on Monday, April 13, 2015, and must adjourn by 6:00 p.m. on Monday June 11, 2015. Please refer to the 2015 Regular Session Bulletin for more information.

    Who are my legislators?             Louisiana State Legislature - Bill Search  

 

The LSERS Board of Trustees met on April 14th and took official positions on two of the four bills which affect our system.  The Board decided not to take positions on two bills in their current form but rather to monitor their status and revisit taking a position at the next board meeting on May 19th.    
  • Senate Bill 16 by Chairman Guillory provides clarification of administration and actuarial implications of the   elements of ACT 399 of the 2014 Session (COLA reform). Support. 
  • Senate Bill 14 by Chairman Guillory requires payment of administrative expenses annually rather than amortization of such costs. Neutral.
  • House Bill 11 by Rep. Price provides exceptions to the required payment of unfunded accrued liability resulting from privatization of positions.  No Position.
  • House Bill 42 by Rep. Jones authorizes a maximum 1.5% COLA for eligible retirees to be paid out of the experience account.  No Position.
You can sign up for updated information relative to the bills affecting LSERS and positions of the board by entering your email address in the Email Subscription Sign-up box located in the bottom right side of LSERS Website page. 

The description of the affect of legislation on LSERS and its members is subject to the interpretation by the Attorney General's Office, as well as the courts. Members should contact their own attorney and seek advice before relying on legislation affecting their membership. 

Questions?  Contact Lauren Bailey, Executive Counsel, at 225.925.6560 (email to lbailey@lsers.net) or Carolyn N. Forbes, LSERS Assistant Director, at 225.925.6490 (email at cforbes@lsers.net) or 1.800.256.3718 (if outside the Baton Rouge area).