Establishes a task force to study the Optional Retirement Plan within the Teachers' Retirement System of Louisiana.
The bill establishes a task force to study the Optional Retirement Plan (ORP) within the Teachers' Retirement System of Louisiana. The task force will examine various aspects of the ORP, including the feasibility of granting pension service credit to long-term participants, the impact of the absence of Social Security coverage, and the effects of employer contribution rates. The task force will also review prior findings and recommendations and identify any gaps.
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- Core Provisions
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- Legal Framework
- Critical Issues
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