Provides for the payment of benefits to retired members of the Teachers' Retirement System of La. who are rehired as adjunct professors (RE INCREASE APV)
Memorializes congress to review and consider eliminating the Government Pension Offset (GPO) and the Windfall Elimination Provision (WEP) Social Security benefit reductions
Directs the La. State Employees' Retirement System, the Teachers' Retirement System of La., the La. School Employees' Retirement System, and the La. State Police Pension and Retirement System to report specified information to the House and Senate committees on retirement (EN NO IMPACT APV)
Establishes "Hazardous Duty" and "Non-Hazardous Duty" subplans in the Municipal Police Employees' Retirement System for new hires after Dec. 31, 2012 (EN DECREASE APV)
Authorizes certain reemployed retired teachers to receive a retirement benefit while reemployed and limits the salary of such reemployed retirees (OR +$30,000,000 APV)