HB 42·LA·house
RETIREMENT/TEACHERS: Provides relative to a phased retirement program within the Teachers' Retirement System of Louisiana (EN INCREASE FC GF EX See Note)
Signed into LawFiled Jan 23, 2026
Sponsor: Tony Bacala (R)
Latest Action
Signed by the Governor. Becomes Act No. 781.
Jun 9, 2026
Summary
The law amends Louisiana statutes to obligate each board that oversees public colleges and universities to contribute a set percentage of pay for participants in the optional teachers' retirement plan. Beginning in 2026, the contribution is 0.8% of pay, subject to appropriation, and boards may increase the amount by resolution. The Teachers' Retirement System will then forward these funds to designated companies as required.
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