Provides relative to meetings of state and statewide retirement system boards and committees (EG NO IMPACT APV)
Provides relative to the content of reports submitted by state and statewide retirement systems to the legislative retirement committees (OR NO IMPACT APV)
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 state retirement systems, requests the House and Senate committees on retirement to study issues related to board membership and system investments
Requires employers to continue contributing to state and statewide public retirement systems for the duration of DROP participation. (6/30/12) (EG NO IMPACT APV)
Replaces the chairman of the House Committee on Retirement with a member of the House Committee on Retirement appointed by the speaker of the House of Representatives as trustee on each state and statewide retirement system board (EN NO IMPACT APV)
Requests a study of the conversion of annual and sick leave to retirement credit by members of state and statewide retirement systems
Imposes on the Public Retirement Systems' Actuarial Committee a fiduciary duty to the state and statewide retirement systems
Relative to La. public retirement systems, urges and requests the House and Senate committees on retirement, the House Committee on Civil Law and Procedure, and the Senate committees on Judiciary A, B, or C, to study issues related to redesignating beneficiaries by retirees of such systems
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 (EN +$43,597 FC SG EX)