Louisiana SB15 modifies reporting requirements for state and statewide retirement systems.
Louisiana SB15 amends the reporting requirements for state and statewide retirement systems. It mandates that each retirement system submit an annual report by October 1st, containing specific financial data such as investment returns, administrative expenses, and asset allocations. The bill repeals the requirement for quarterly reports and eliminates certain written reports regarding investments in companies with facilities or employees in prohibited nations. The changes are set to take effect on June 30, 2026.
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