Relative to the La. State Employees' Retirement System (LASERS), allows benefits payable to children beneficiaries of deceased retirees to be paid to a trust (EN NO IMPACT)
Relative to La. School Employees' Retirement System (LSERS), makes changes to provisions relating to employee contributions, benefit calculation, and retirement eligibility (EN SEE ACTUARIAL NOTE APV)
Relative to La. public retirement systems, provides for limitations on average compensation upon which a retiree's benefits are calculated (OR ACTURIAL SAVINGS APV)
Relative to the Teachers' Retirement System of La. (TRSL), allows retirees rehired as substitute teachers to collect retirement benefits during reemployment under certain circumstances (RE INCREASE APV)