Relative to the Teachers' Retirement System of Louisiana (TRSL), excludes from membership employees of the Louisiana High School Athletic Association employed on or after July 1, 2011 (EG DECREASE FC SG RV)
The passage of HB149 is expected to have a significant impact on the eligibility criteria for the Teachers' Retirement System in Louisiana, potentially influencing the retirement benefits of a number of employees associated with the LHSAA. By excluding those without teaching credentials, the bill seeks to clarify the parameters of membership and benefits under the retirement system, which may lead to a reduction in the retirement liabilities for the system and a shift in how educational associations navigate their staffing and benefits structures.
House Bill 149 amends the Teachers' Retirement System of Louisiana by excluding certain employees of the Louisiana High School Athletic Association (LHSAA) from membership in the system if they do not possess a valid Louisiana teacher's certificate. This adjustment targets individuals employed by the LHSAA from July 1, 2000, to June 30, 2011, allowing those without certification to be exempt from mandatory participation in the retirement system. Conversely, those who hold a valid teacher's certificate will still be required to participate provided they meet all other criteria outlined in the statute.
The sentiment surrounding HB149 appears to be largely supportive within legislative circles, as it was passed with a significant majority in the Senate, recording 33 votes in favor against just 1 vote in opposition. This indicates a general approval of the measures aimed at tightening the membership criteria for retirement benefits connected to educational positions. Still, there may be dissent among stakeholders, particularly those employees who feel that this exclusion could adversely affect their retirement security and financial futures.
Notable points of contention might arise from the implications of reducing membership in a retirement system that many depend on for their future security. Critics may argue that excluding employees without a teaching certification could inadvertently lead to a workforce that is less diverse or less experienced in education, as these rules could influence hiring practices within organizations like the LHSAA. Additionally, there could be concerns over the fairness of penalizing employees based on certification status, particularly for those in roles that may not directly involve instructional duties.