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Committee advances phased retirement, DA employer change and cleanup bill
Summary
The Senate Committee on Retirement reported HB 42 (phased retirement authority for universities), HB 17 (adds the District Attorneys Association as an employer), and HB 21 (cleanups to Municipal Employee Retirement System participation) favorable after brief presentations and no recorded opposition.
The Senate Committee on Retirement reported three largely noncontroversial bills favorable on May 5.
House Bill 42 would allow colleges and universities to offer a phased retirement option within the Teachers' Retirement System of Louisiana, where faculty could draw a proportionate retirement benefit while continuing part time. The sponsor said the bill provides colleges discretion and does not create a statewide mandate.
Philip Qualls, director of the District Attorneys' Retirement System, described HB 17 as a straightforward change to add the Louisiana District Attorneys Association to the system's definition of employer and to add an annual reporting mechanism tied to the rehire statute; the committee reported it favorable.
Representative Gloriosa framed HB 21 as a cleanup, replacing the term "municipality" with "participating employer" and allowing certain elected officials to certify hours once rather than repeatedly filing hours; the committee reported the bill favorable.
All three bills moved forward without recorded opposition and will proceed to subsequent steps in the legislative process.
