HLS 19RS-163 ENGROSSED
2019 Regular Session
HOUSE BILL NO. 20
BY REPRESENTATIVE PEARSON
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
RETIREMENT/SCHOOL EMPS: Provides relative to the retirement contributions of
members of the Louisiana School Employees' Retirement System who withdraw
from service
1 AN ACT
2To amend and reenact R.S. 11:1142(C), relative to members who withdraw from the
3 Louisiana School Employees' Retirement System; to provide relative to the
4 retirement contributions of such members; and to provide for related matters.
5 Notice of intention to introduce this Act has been published
6 as provided by Article X, Section 29(C) of the Constitution
7 of Louisiana.
8Be it enacted by the Legislature of Louisiana:
9 Section 1. R.S. 11:1142(C) is hereby amended and reenacted to read as follows:
10 ยง1142. Withdrawal from service; retirement allowance at age sixty
11 * * *
12 C. Any member whose first employment making him eligible for
13 membership in one of the state systems occurred on or after July 1, 2015, who has
14 credit for ten five or more years of regular, full-time service may withdraw from
15 service and elect to leave his accumulated contributions in the system, and upon
16 reaching age sixty-two, he shall be eligible to receive a retirement allowance based
17 on the credits he had at the time of his withdrawal from service.
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 19RS-163 ENGROSSED
HB NO. 20
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 20 Engrossed 2019 Regular Session Pearson
Abstract: Allows certain members of the La. School Employees' Retirement System
(LSERS) to withdraw from the system and leave accumulated contributions in the
system until age 62.
Present law authorizes members of LSERS with a specified minimum number of years of
service to withdraw from service and leave their contributions in the system and to begin
receiving a retirement benefit upon reaching a specified age.
Present law authorizes a member whose first employment making him eligible for
membership in one of the state systems occurred on or after July 1, 2015, to exercise this
option if he has credit for 10 or more years of service. Proposed law authorizes such a
member to exercise this option if he has credit for five or more years of service.
(Amends R.S. 11:1142(C))
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.