SLS 20RS-5 ORIGINAL
2020 Regular Session
SENATE BILL NO. 2
BY SENATOR FRED MILLS
TEACHERS RETIREMENT. Provides for optional membership for persons first hired at
a certain age, with additional restrictions. (7/1/20)
1 AN ACT
2 To enact R.S. 11:721.1(D), relative to the Teachers' Retirement System of Louisiana; to
3 provide for system membership; to provide for an option to participate in the system;
4 to provide for an effective date; and to provide for related matters.
5 Notice of intention to introduce this Act has been published.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 11:721.1(D) is hereby enacted to read as follows:
8 ยง721.1. Option to participate in system
9 * * *
10 D. Notwithstanding any other provision of law to the contrary, no person
11 sixty years of age or older at the time of employment and no person fifty-five
12 years of age or older who has credit for at least forty quarters in the Social
13 Security system shall be required to participate in this system; however, he shall
14 have a one-time irrevocable option of membership in this system. The
15 provisions of this Subsection shall not apply to reemployed retirees.
16 Section 2. This Act shall become effective on July 1, 2020; if vetoed by the
17 governor and subsequently approved by the legislature, this Act shall become effective on
Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 2
SLS 20RS-5 ORIGINAL
1 July 1, 2020, or on the day following such approval by the legislature, whichever is later.
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Margaret M. Corley.
DIGEST
SB 2 Original 2020 Regular Session Fred Mills
Present law provides that all teachers shall become members of the Teachers' Retirement
System of Louisiana (TRSL).
Present law provides for certain exceptions.
Proposed law provides for an exception to membership in TRSL if a teacher is either:
(1) Sixty years of age or older at the time of employment, or
(2)Fifty-five years of age or older with credit for at least forty quarters in the Social
Security system.
Proposed law provides that the exception shall not apply to the reemployment of retirees.
Effective July 1, 2020.
(Adds R.S. 11:721.1(D))
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.