Requires any employer who exits the Parochial Employees' Retirement System of Louisiana to pay its portion of the liabilities. (7/1/10) (EN SEE ACTUARIAL NOTE APV)
Authorizes certain persons who entered the Deferred Retirement Option Plan of the system before July 1, 2001, to have their pre-DROP retirement benefits recalculated at an accrual rate of 3 1/3% per year under certain circumstances. (7/1/10) (OR +$40,000,000 APV)
Provides for charter schools to pay a proportionate share of the local school district's of Teachers' Retirement System UAL payment. (6/30/16) (OR INCREASE SG RV See Note)
Memorializes congress to consider eliminating the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) Social Security benefit reductions
Increases the earnings allowed in the Teachers' Retirement System of La. for retirees who are reemployed as substitute classroom teachers to fill certain vacancies (EGF INCREASE APV)
Provides for the annual amount of retirement allowance for members of the Registrars of Voters Employees' Retirement System (EN SEE ACTUARIAL NOTE APV)