Louisiana 2022 2022 Regular Session

Louisiana Senate Bill SB419 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Angela L. De Jean.
DIGEST
SB 419 Original	2022 Regular Session	Cathey
Present law, relative to the Teachers' Retirement System of La. (TRSL), provides for reemployment
of retirees. Generally requires benefits to be suspended during reemployment. Allows payment of
benefits to continue subject to certain requirements, in some cases, including an earnings limitation.
Proposed law, relative to TRSL, provides that notwithstanding any provision to the contrary, any
retiree reemployed pursuant to the provisions of proposed law in a position as a classroom teacher
defined by present law, or someone employed as a teacher's aide or a paraprofessional to assist a
classroom teacher shall be allowed to return to work immediately without suspension or reduction
of his benefits upon reemployment. Requires payment of employer and employee contributions.
Specifies the retiree receives no additional service credit and accrues no additional retirement
benefits. 
Proposed law provides that upon termination of active service, the retired teacher shall, upon
application, be refunded the employee contributions paid since reemployment. The refund is without
interest. The retirement system retains the employer contributions.
Proposed law relative to Louisiana School Employees' Retirement System (LSERS) provides that
notwithstanding any provision to the contrary, any service retiree of LSERS reemployed pursuant
to the provisions of proposed law in any position covered by the system as a full-time, part-time,
temporary, or substitute employee, shall be allowed to return to work immediately without
suspension or reduction of his benefits upon reemployment. Requires payment of employer and
employee contributions. Specifies the retiree receives no additional service credit and accrues no
additional retirement benefits in the retirement system.
Proposed law provides that upon termination of active service, the service retiree shall, upon
application, be refunded the employee contributions paid since reemployment. The refund is without
interest. The retirement system retains the employer contributions.
Proposed law provides that the provisions of proposed law shall be void on 6/30/27.
Effective June 30, 2022.
(Adds R.S. 11:710.2 and 1008)