Louisiana lawmakers advance firefighter retirement benefits and higher education reforms

The Louisiana Legislature made significant strides in enhancing retirement benefits for public safety personnel and higher education employees during its recent meeting on April 24, 2025. The committee approved two key bills aimed at improving retirement options for firefighters and professors, reflecting a commitment to support those who serve the community and educate future generations.

House Bill 19, which received unanimous support, extends the Deferred Retirement Option Plan (DROP) for firefighters from three to five years. This change is designed to provide additional financial security for these essential workers, who risk their lives daily. Representative Veil, who moved the bill forward, emphasized the importance of this adjustment in recognizing the sacrifices made by firefighters throughout their careers.

Following this, House Bill 24 was introduced to address the needs of higher education faculty. This bill proposes extending the window for professors in the Optional Retirement Plan (ORP) from five to seven years, aligning with the tenure process. This extension allows educators to transition into the Teachers Retirement System if they choose to remain in Louisiana after achieving tenure. The bill also seeks to increase employer contributions to the ORP from 6.2% to 8%, a move that would help attract and retain top talent in the competitive field of higher education.

The discussions highlighted the urgent need for improved retirement benefits, particularly as Louisiana's offerings lag behind neighboring states. Faculty members expressed concerns about the current system's limitations and the necessity for a voice in decision-making processes regarding their retirement plans. The establishment of an ORP advisory committee was proposed to ensure that the perspectives of ORP members are considered in future decisions.

Both bills are expected to have a positive impact on recruitment and retention in critical sectors, ensuring that Louisiana can attract and keep skilled professionals in firefighting and education. As these measures move forward, they represent a significant step toward enhancing the welfare of those who serve the state.