Louisiana 2020 2020 Regular Session

Louisiana Senate Bill SB2 Comm Sub / Analysis

                    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))