House Resolution No. establishes a task force to study the Optional Retirement Plan (ORP) within the Teachers' Retirement System of Louisiana, focusing on the disparities affecting long-term participants. The ORP, a defined contribution plan, differs significantly from the traditional defined benefit plan, particularly in terms of pension guarantees, Social Security coverage, and employer contribution rates. The resolution highlights the need for a comprehensive evaluation of the ORP to address issues such as service credit for long-term participants, equitable treatment of accrued leave, and the impact of the absence of Social Security coverage on retirement income.

The task force will consist of appointed members from various educational boards and will be responsible for examining several key areas, including the feasibility of granting pension service credit, developing hybrid retirement models, and reviewing employer contribution rates. The task force is required to submit its findings and recommendations to the House Committee on Retirement no later than ninety days before the 2027 Regular Session of the Legislature. The resolution emphasizes the importance of ensuring equitable retirement outcomes for all public education employees in Louisiana.