Louisiana SB16 adjusts educational requirements for trustees of certain retirement system boards.
Louisiana SB16 modifies the educational requirements for trustees of certain retirement system boards. Trustees must attend seven hours of investment training, two hours of actuarial science education, one hour on laws and regulations, and one hour on fiduciary duty and ethics. Effective August 31, 2026, this applies to boards of trustees of the Louisiana State Employees' Retirement System, Teachers' Retirement System of Louisiana, and others.
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