Provides for employer contributions. (gov sig)
Establishes a minimum employer contribution rate for the Optional Retirement Plan in the Teachers' Retirement System of Louisiana (EN INCREASE FC SG LF EX)
Relative to the Teachers' Retirement System of La., provides for calculation of individualized contribution rates (EN NO IMPACT APV)
Provides relative to the optional retirement plan in the Teachers' Retirement System of Louisiana (OR INCREASE FC SG RV)
Relative to the La. State Employees' Retirement System, requires employers to remit to the system individualized employer contributions (EN NO ACTUARIAL COST APV)
Establishes a new hybrid retirement benefit structure for members of state retirement systems first hired on or after July 1, 2018 (OR INCREASE APV)
Provides for the incorporation of the Registrars of Voters Employees' Retirement Plan into the Louisiana State Employees' Retirement System (OR SEE ACTUARIAL NOTE)
Establishes a hybrid retirement benefit structure for members of the state retirement systems first hired on or after July 1, 2020 (OR INCREASE APV)