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LA SB10

LA SB10
Provides relative to the determination of employer contributions and amortization of certain actuarial gains. (gov sig) (OR SEE ACTUARIAL NOTE FC)


summary

Introduced
01/23/2026
In Committee
01/23/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

AN ACT To amend and reenact the introductory paragraph of R.S. 11:102(B)(1)(a) and to repeal R.S. 11:102(F)(3), 102.4, and 1332, relative to the Louisiana State Police Retirement System; to provide relative to determination of employer contributions; to provide relative to amortization of certain actuarial gains; to provide for an effective date; and to provide for related matters. Notice of intention to introduce this Act has

AI Summary

This bill amends and reenacts a portion of Louisiana Revised Statute 11:102(B)(1)(a) concerning how employer contributions are determined for public retirement systems, specifically removing a reference to R.S. 11:102.4, which is also being repealed along with R.S. 11:102(F)(3) and 11:1332. The bill's primary purpose is to adjust the calculation of employer contributions and the amortization, or spreading out, of certain actuarial gains for the Louisiana State Police Retirement System, with the changes taking effect upon the governor's signature or as otherwise provided by law.

Committee Categories

Labor and Employment

Sponsors (2)

Last Action

Prefiled and under the rules provisionally referred to the Committee on Retirement. (on 01/23/2026)

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