Constitutional Amendment to change state employees from a defined benefit retirement plan to a defined contribution plan. (2/3 - CA13s1(A)) (OR NO IMPACT APV)
(Constitutional Amendment) Relative to state retirement systems, permits the legislature to establish a defined contribution plan for new hires (OR NO IMPACT APV)
(Constitutional Amendment) Limits the application of the guarantee of retirement benefits for state employees to certain types of benefits (OR NO IMPACT APV)
Allows an optional retirement plan participant to transfer to the defined benefit plan on an actuarial basis. (2/3 - CA10s29(F))(6/15/22) (EG INCREASE APV)
Employer eligibility to participate in the public employees retirement system defined contribution retirement plan, employer contribution requirements for the defined benefit and defined contribution retirement plans, and employee eligibility to elect to transfer to the defined contribution retirement plan; to provide for retroactive application; and to declare an emergency.
Provides relative to the optional retirement plan and defined benefit plan for the Teachers' Retirement System of Louisiana (EN SEE ACTUARIAL NOTE APV)
Proposes temporary constitutional amendment allowing State constitutional convention convened to reform system of property taxation to propose statutory changes.
Proposes temporary constitutional amendment allowing State constitutional convention convened to reform system of property taxation to propose statutory changes.