LouisianaHB 12372026 Regular SessionHouse

RETIREMENT/STATEWIDE SYS: Provides relative to the Municipal Police Employees Retirement System and the Firefighters' Retirement System (EN SEE ACTUARIAL NOTE FC)

Sponsored By: Tony Bacala (Republican)

Became Law

Retirement

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

Analyzed Economic Effects

3 provisions identified: 0 benefits, 1 costs, 2 mixed.

Police employees need signed pension opt-outs

Covered municipal police employees who choose not to join the retirement system must submit an affidavit. The opt-out is valid only when the municipality’s chief of police or mayor signs and notarizes it. This requirement does not change benefit or contribution amounts.

Fire employers face new pension debt rules

A fire employer owes partial-dissolution pension debt when its June 30 participating employee count meets either trigger. The count must fall below 70% of the base count, rounded down, by at least three employees—or be at least 50 below the base count. Its share uses the employee-count difference compared with the prior fiscal year’s participating count. Payments run over 15 years and may change proportionately each year as employee counts change. Payments stop when the count returns to the base count for the fiscal year of partial dissolution. Payments start in the third fiscal year after determinations made on or after June 30, 2024; earlier determinations use the second fiscal year. For full dissolutions, the actuary can use additional information to adjust allocation percentages. Both retirement systems must measure covered unfunded pension costs using the level percentage of payroll entry age normal actuarial accrued liability method. The law gives no dollar estimate of that method’s effect.

Municipal employers face revised police pension payments

Municipal employers must pay covered police pension debt in equal monthly installments over 15 years, using the system’s valuation interest rate. Electronic payments start July 1 of the second fiscal year after the actuary determines the amount. Interest starts July 1 of the fiscal year after the employer dissolves. The system cannot collect payments for partial dissolutions before July 1, 2025, replacing the July 1, 2018 cutoff. For late covered contributions, the system can seek repayment in court, with legal-rate interest from the date payment became late. The state treasurer can no longer collect those contributions by withholding money otherwise distributed to the municipality.

Sponsors & Cosponsors

Sponsor

  • Tony Bacala

    Republican • House

Cosponsors

  • Aimee Adatto Freeman

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 234 • No: 0

House vote • 5/20/2026

Read by title, roll called, yeas 91, nays 0, Senate amendments concurred in.

Yes: 91 • No: 0

Senate vote • 5/12/2026

Rules suspended. Senate floor amendments read and adopted. Read by title, passed by a vote of 35 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.

Yes: 35 • No: 0

House vote • 4/20/2026

Read third time by title, amended, roll called on final passage, yeas 97, nays 0. The bill, having received two-thirds vote of the elected members, was finally passed, title adopted, ordered to the Senate.

Yes: 97 • No: 0

House vote • 4/13/2026

Read by title, substitute title adopted, lies over in the same order of business, substitute for HB No. 49 reported by the Committee on Retirement

Yes: 11 • No: 0

Actions Timeline

  1. Becomes Act No. 922 without the Governor's signature.

    6/23/2026House
  2. Effective date: 06/16/2026.

    6/23/2026House
  3. Sent to the Governor for executive approval.

    5/26/2026House
  4. Enrolled and signed by the Speaker of the House.

    5/25/2026House
  5. Signed by the President of the Senate.

    5/25/2026Senate
  6. Read by title, roll called, yeas 91, nays 0, Senate amendments concurred in.

    5/20/2026House
  7. Scheduled for concurrence on 05/20/2026.

    5/19/2026House
  8. Received from the Senate with amendments.

    5/13/2026House
  9. Rules suspended. Senate floor amendments read and adopted. Read by title, passed by a vote of 35 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.

    5/12/2026Senate
  10. Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.

    5/7/2026Senate
  11. Read by title and referred to the Legislative Bureau.

    5/6/2026Senate
  12. Reported favorably.

    5/5/2026Senate
  13. Read second time by title and referred to the Committee on Retirement.

    4/22/2026Senate
  14. Received in the Senate. Read first time by title and placed on the Calendar for a second reading.

    4/21/2026Senate
  15. Read third time by title, amended, roll called on final passage, yeas 97, nays 0. The bill, having received two-thirds vote of the elected members, was finally passed, title adopted, ordered to the Senate.

    4/20/2026House
  16. Scheduled for floor debate on 04/20/2026.

    4/15/2026House
  17. Read by title, ordered engrossed, passed to 3rd reading.

    4/14/2026House
  18. Read by title, substitute title adopted, lies over in the same order of business, substitute for HB No. 49 reported by the Committee on Retirement (11-0).

    4/13/2026House
  19. Read by title.

    4/10/2026House

Bill Text

Related Bills

Back to State Legislation