Louisiana 2025 2025 Regular Session

Louisiana House Bill HB9 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of the
legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
HB 9 Original	2025 Regular Session	Bagley
Abstract:  Provides relative to eligibility for retirement in the La. State Employees' Retirement
System (LASERS).
Present law provides that retirement eligibility in LASERS varies depending on the date of the
member's first employment making him eligible for membership in one of the state retirement plans. 
Specifically provides as follows regarding eligibility for retirement without an actuarial reduction:
(1)For a member whose first employment was on or after July 1, 2006, and for any judge, court
officer, governor, lieutenant governor, clerk or sergeant-at-arms of the House of
Representatives, secretary or sergeant-at-arms of the Senate, or state treasurer whose first
employment occurred between Dec. 31, 2010, and July 1, 2015:  five years or more of
service, at age 60 or thereafter.
(2)For a member whose first employment was on or after July 1, 2015:  five years or more of
service, at age 62 or thereafter.
Proposed law provides that any such member, regardless of his date of first employment or age, is
eligible to retire if he has 30 years of service.
Proposed law requires that any cost of proposed law be funded with additional employer
contributions in compliance with present constitution (Art. X, Sec. 29(F)).
(Amends R.S. 11:441(A)(2))