Louisiana legislation · 2026 Regular Session
Louisiana HB42: RETIREMENT/TEACHERS: Provides relative to a phased retirement program within the Teachers' Retirement System of Louisiana (EN INCREASE FC GF EX See Note)
Status: Signed into law, June 9, 2026
What the bill says
An act To amend and reenact R.S. 11:927(F)(2) and to enact R.S. 11:791, relative to the Teachers' Retirement System of Louisiana; to provide for the creation of and participation in a phased retirement program; to provide relative to benefits; to provide relative to participant and employer contributions; to provide relative to the payment of certain administrative fees; and to provide for related matters. Notice of intention to introduce this Act has been published as provided by Article X, Section 29(C) of the Constitution of Louisiana.
From the introduced text:
AN ACT To amend and reenact R.S. 11:927(F)(2) and to enact R.S. 11:791, relative to the Teachers' Retirement System of Louisiana; to provide for the creation of and participation in a phased retirement program; to provide relative to benefits; to provide relative to participant and employer contributions; to provide relative to the payment of certain administrative fees; and to provide for related matters. Notice of intention to introduce this Act has been published as provided by Article X, Section 29(C) of the Constitution of Louisiana. Be it enacted by the Legislature of Louisiana: Section 1. R.S. 11:927(F)(2) is hereby amended and reenacted and R.S. 11:791 is hereby enacted to read as follows: §791. Phased retirement program A. Any member of this system who qualifies for phased retirement pursuant to the policy governing his institution and who has been approved for participation in a phased retirement program in accordance with such policy shall apply for retirement as otherwise provided in this Chapter. B. For the duration of his participation in the employer's phased retirement program, the participant shall receive a reduced retirement benefit. This reduced retirement benefit shall be based on the full regular benefit amount for which he Page 1 of CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 26RS-279 ORIGINAL HB …