SSHB39 4267 4802 HOUSE SUMMARY OF SENATE AMENDMENTS HB 39 2024 Regular Session McCormick RETIREMENT/STATE EMPS: Provides relative to the reemployment of retired bus drivers of the Louisiana School Employees' Retirement System Synopsis of Senate Amendments 1.Change "bus driver" to "bus operator" throughout present law. Digest of Bill as Finally Passed by Senate Present law provides relative to the reemployment of retirees of LSERS in positions covered by the system. For most employees, present law provides an earnings limitation of 50% of the retiree's average compensation; retirement benefits in the amount of earnings beyond that limit are repaid or suspended. Present law provides an exception for a retired bus driver who is reemployed as a full-time bus driver. For such retirees, benefits are suspended for the first 12 months after retirement but are not suspended or reduced after that. Proposed law makes present law also applicable to a retiree who returns to work as a part-time bus operator. Proposed law reduces the period of benefit suspension for full- or part-time bus operators who retired on or before June 30, 2024. Proposed law changes terminology from "bus driver" to "bus operator". Present law requires the superintendent of an employer who employs a retiree as a full-time bus driver to certify to the State Bd. of Elementary and Secondary Education that a shortage of qualified bus drivers exists in the school district. Proposed law repeals present law. Proposed law requires that any cost of proposed law be funded with additional employer contributions in compliance with Art. X, Sec. 29(F) of the state constitution. (Amends R.S. 11:1006(D) and 1007(A)(1), (B), (C), (D), and (F); Repeals R.S. 11:1007(C)(3)) Page 1 of 1