Louisiana legislation · 2026 Regular Session
Louisiana HB1134: RETIREMENT/STATE EMPS: Creates the Back-Deferred Retirement Option Program within the Louisiana State Employees' Retirement System (EN SEE ACTUARIAL NOTE APV)
Status: Signed into law, June 2, 2026
What the bill says
An act To enact R.S. 11:557.1, relative to the Louisiana State Employees' Retirement System; to provide for the creation of a Back-Deferred Retirement Option Program for certain judges; to provide for qualification; to provide for duration of participation; to provide relative to employer and employee contributions; to provide for calculation of benefit; to provide relative to service credit; 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 enact R.S. 11:557.1, relative to the Louisiana State Employees' Retirement System; to provide for the creation of a Back-Deferred Retirement Option Program for certain judges; to provide for qualification; to provide for duration of participation; to provide relative to employer and employee contributions; to provide for calculation of benefit; to provide relative to service credit; 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. 11:557.1 is hereby enacted to read as follows: §557.1. Back-Deferred Retirement Option Program A. There is hereby created an optional retirement benefit program for members of the system called the "Back Deferred Retirement Option Program to Reduce Expenditure by the Early Retirement of Abolished Judgeships" which shall be referred to in this Section as "Back-DROP". This option shall apply only to each judge who is otherwise eligible for retirement under this Subpart, who holds a judgeship designated to be abolished by law upon the retirement of the judge, who voluntarily retires earlier than the expiration of his existing term in order to create significant savings for the state through early termination of the judgeship, and does not seek election to another judicial office. …