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)
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)
Relative to the Teachers' Retirement System of Louisiana, requests the House Committee on Retirement to study issues related to the conversion of leave time in excess of retirement benefit limits
(Constitutional Amendment) Provides for forfeiture of retirement benefits by public officials and employees who are convicted of felony acts associated with their positions (OR NO IMPACT APV)
Relative to the La. State Employees' Retirement System (LASERS), allows for an increased benefit for members and retirees affected by Hurricane Katrina or Rita who took early retirement
Requires forfeiture of retirement benefits by any public employee or elected official who is a member of a public retirement system and is convicted of certain state or federal felony acts associated with his office (OR SEE ACTUARIAL NOTE APV)
(Constitutional Amendment) Provides for forfeiture of public retirement benefits by certain persons who are convicted of felony acts associated with their positions (OR NO IMPACT APV)
Provides for early retirement of LASERS members with actuarial reduction of benefits; requires abolition of positions vacated by early retirement and permits reestablishment and filling of such positions under limited circumstances
Relative to the La. State Employees' Retirement System (LASERS), allows a retiree to designate a trust as beneficiary of retirement benefits (OR NO IMPA)