Louisiana 2020 2020 Regular Session

Louisiana Senate Bill SB21 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 21 Original	2020 Regular Session	Peacock
Present law provides that each actuarially funded state, municipal, parochial, or other retirement
system as supported in whole or in part by public funds shall submit to the chairmen of the standing
committees on retirement of the House of Representatives and the Senate a copy of their most recent
actuarial valuation at least 30 days prior to the beginning of each regular session. 
Proposed law provides that the actuarial valuations shall be submitted within 10 days of board
approval.
Proposed law provides that the reports shall be submitted electronically in compliance with present
law. 
Effective June 30, 2020.
(Amends R.S. 11:171)