House Bill No. by Representative Riser amends the provisions of the Teachers' Retirement System of Louisiana (TRSL) to allow retirees who retired after June 30, 2020, to return to work in critical shortage positions without facing a suspension or reduction of their retirement benefits. The bill modifies existing law by inserting language that permits reemployment for these retirees in critical shortage roles, aligning their treatment with those who retired on or before June 30, 2020. Specifically, it amends R.S. 11:710(H) to include retirees returning to work in critical shortage positions and modifies R.S. 11:710.1(A) and (B) to clarify the options available to retirees who return to work.

The proposed changes ensure that all retirees, regardless of their retirement date, can work in critical shortage positions without losing their benefits, thereby addressing staffing shortages in the education sector. Additionally, the bill stipulates that any costs incurred from these changes will be funded through increased employer contributions, in compliance with the state constitution. This legislative effort aims to enhance the flexibility of the TRSL while ensuring that the financial implications are responsibly managed.

Statutes affected:
HB35 Original: 11:710(H), 11:1(A)