The resolution requests the Senate Committee on Retirement to conduct a comprehensive study on the reemployment of retirees from the Teachers' Retirement System of Louisiana (TRSL). It aims to explore potential changes to current policies that would balance the options available to retirees with the staffing needs of employers, while also considering the actuarial and financial implications of such policies. The resolution highlights the importance of return-to-work laws, which allow qualified retirees to work in TRSL-eligible positions while receiving both a salary and retirement benefits, thereby assisting employers in filling vacancies with experienced staff.
The resolution emphasizes the need for periodic reevaluation of Louisiana's return-to-work laws, which have been amended numerous times since their inception in 1956. It acknowledges the complexity of current regulations, which can create confusion for retirees, employers, and stakeholders. The Senate Committee on Retirement is tasked with gathering input from various stakeholders, including TRSL and the legislative auditor's actuary, and is expected to report its findings to the Senate before the 2026 Regular Session.