DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part of the
legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 11 Original 2015 Regular Session Price
Abstract: Provides exceptions to required employer payments of unfunded accrued liability (UAL)
if elimination of positions is due to attrition or force reduction or if there is continued
employment in another Louisiana School Employees' Retirement System-covered (LSERS)
position by the employee whose position has been terminated.
Present law (R.S. 11:1195.1 and 1195.2) requires an employer that terminates a group of employees
or a position covered by LSERS to remit to the retirement system any UAL attributable to those
terminated positions.
Proposed law provides an exception to present law, removes the requirement for employer UAL
payment if the position is eliminated due to attrition or force reduction.
Further provides that the present law employer payment is not required if an employee whose
position is eliminated is retained by the employer in another position that is covered by LSERS.
Effective upon signature of governor or lapse of time for gubernatorial action.
(Amends R.S. 11:1195.1(A) and 1195.2(A); Adds R.S. 11:1195.1(D) and 1195.2(D))