Senate Committee on Retirement
April 30, 2012
9:00 am
Room E

Adjourned
 
* Agenda Revised April 26, 2012, 11:04 am *
Revision Notes: ADDED SB13 REMOVED SB32

 




  BLUE = already considered.   RED = currently being considered.   BLACK = not yet considered.
 **Click on an instrument for additional information.  Click on an author for the author's home page.

 
 
 

CALL TO ORDER

ROLL CALL

APPROVAL OF MINUTES APRIL 23, 2012

LEGISLATION TO BE CONSIDERED
 SB1LONGTEACHERS RETIREMENT - Provides for a one-time lump-sum supplement for certain retirees. (2/3 - CA 10s29)(F)) (6/30/12) (EG +$2.1 MILLION APV)
 SB7E.GUILLORYMUNICIPAL EMPLOYEE RET - Provides for a 60 month final compensation for all active employees. (7/1/12) (EN -$27,900,000 APV)
 SB9E.GUILLORYMUNICIPAL EMPLOYEE RET - Provides relative to employee contributions. (7/1/12) (EN DECREASE FC LF EX)
 SB12E.GUILLORYREGISTRAR OF VOTERS RET - Provides for a 60-month average compensation for active employees. (7/1/12) (EN -$2,770,000 APV)
 SB13E.GUILLORYRETIREMENT SYSTEMS - Provides for use of entry age normal valuation method by Louisiana State Employees' Retirement System and Teachers' Retirement System of Louisiana. (7/1/12) (OR -$65,900,000 FC GF&LF EX)
 SB14E.GUILLORYREGISTRAR OF VOTERS RET - Provides relative to the calculation of benefits. (7/1/12) (EN NO IMPACT APV)
 SB15E.GUILLORYMUNICIPAL EMPLOYEE RET - Provides for benefit accruals for elected officials. (7/1/12) (OR -$2,120,000 APV)
 SB22E.GUILLORYSHERIFFS - Provides for membership of part-time employees. (6/30/12) (EN DECREASE APV)
 SB35E.GUILLORYSHERIFFS PEN/RELIEF FUND - Provides relative to benefits. (6/30/12) (EN INCREASE APV)
 SB36E.GUILLORYMUNICIPAL EMPLOYEE RET - Provides for compliance with federal tax qualification requirements. (6/30/12) (EN INCREASE APV)
 SB37E.GUILLORYSHERIFFS PEN/RELIEF FUND - Provides for surviving spouse annuities. (6/30/12) (EN NO IMPACT APV)
 SB38E.GUILLORYREGISTRAR OF VOTERS RET - Provides for Tier 2 of benefits for persons employed on or after January 1, 2013. (6/30/12) (EN DECREASE APV)
 SB41E.GUILLORYSTATE EMPLOYEES - Provides for a one-time lump-sum supplement for certain retirees. (2/3 - CA 10s29(F) (6/30/12) (EG +$900,000 APV)
 SB45E.GUILLORYSCHOOL EMPLOYEES RET - Transfers certain support personnel to the system. (7/1/12) (OR NO IMPACT APV)
 SB49E.GUILLORYMUNICIPAL EMPLOYEE RET - Provides for a second tier of benefits for persons employed on or after 1/1/13. (7/1/12) (EN -$3,162,000 FC LF EX)
 SB50E.GUILLORYSHERIFFS PEN/RELIEF FUND - Provides for permanent benefit increases for retirees of the system. (7/1/12) (EN +2,500,000 APV)
 SB54E.GUILLORYSTATE EMPLOYEE RET - Provides for the system valuation method. (6/30/12) (OR NO IMPACT APV)
 SB55E.GUILLORYSTATE EMPLOYEE RET - Changes the system's actuarial valuation method to entry age normal. (7/1/12) (OR INCREASE FC GF EX)

CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE

ADJOURNMENT