House Resolution No. [insert number] establishes a task force to study the feasibility of implementing a phased retirement program for Louisiana's public postsecondary education institutions. This initiative arises from previous findings regarding recruitment and retention challenges faced by these institutions, particularly concerning retirement options. The task force will explore various aspects of phased retirement, including its benefits, potential costs, eligibility requirements, and the impact on salary and retirement benefits. The goal is to allow senior faculty to gradually reduce their workload while transitioning into full retirement, thereby retaining institutional knowledge and supporting junior faculty recruitment.

The task force will consist of representatives from each public postsecondary education system, including human resources, finance, faculty, and academic affairs, as well as appointees from the Board of Regents and the Teachers' Retirement System of Louisiana. The task force is required to submit its findings and recommendations to the House Committee on Retirement by December 31, 2025. The Board of Regents will provide staff support, and the legislative auditor will offer actuarial services as needed. Members will serve without compensation, and the first meeting is scheduled to occur by August 1, 2025.