HB14

Allows members of the Teachers' Retirement System of Louisiana to designate a child with a disability as a beneficiary.

This bill amends the Teachers' Retirement System of Louisiana to allow members to designate a child or children with a permanent mental or physical disability as beneficiaries. It provides for medical determination of the disability and specifies that if the designated beneficiary predeceases the retiree, the retiree's reduced benefit shall change to the maximum benefit.