PRIA Logo™
LouisianaSB 132026 Regular SessionSenateWALLET

TEACHERS RETIREMENT: Provides relative to the determination of employer contributions and amortization of certain actuarial gains. (gov sig) (EN SEE ACTUARIAL NOTE FC)

Sponsored By: Edward J. Price (Democratic)

Signed by Governor

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.

Free to download

Bill Overview

Analyzed Economic Effects

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

New pension funding rules for Louisiana teachers

Louisiana’s teacher retirement system changes how it schedules pension debt payments when extra money goes toward a debt base. After first reaching at least 80% funding, it recalculates that debt at the June 30 valuation following that fiscal year and every valuation afterward. It also recalculates remaining debt every five fiscal years, starting in 2019–2020, accounting for payments since the last reset. Each reset spreads remaining debt into equal yearly payments over the debt base’s original remaining repayment period. The secondary-priority funding rule ends at the first valuation after the original debt base is fully paid. These changes affect employer funding schedules but do not directly change teacher benefits or member contribution rates.

Sponsors & Cosponsors

Sponsor

  • Edward J. Price

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 145 • No: 2

House vote • 5/12/2026

Read third time by title, roll called on final passage, yeas 94, nays 2. Finally passed, ordered to the Senate.

Yes: 94 • No: 2

House vote • 5/5/2026

Reported favorably

Yes: 15 • No: 0

Senate vote • 3/24/2026

Senate floor amendments read and adopted. Read by title and passed by a vote of 36 yeas and 0 nays; ordered reengrossed and sent to the House. Motion to reconsider tabled.

Yes: 36 • No: 0

Actions Timeline

  1. Signed by the Governor. Becomes Act No. 225.

    5/15/2026Senate

  2. Effective date 5/15/2026.

    5/15/2026Senate

  3. Sent to the Governor by the Secretary of the Senate.

    5/14/2026Senate

  4. Enrolled. Signed by the President of the Senate.

    5/13/2026Senate

  5. Signed by the Speaker of the House.

    5/13/2026House

  6. Read third time by title, roll called on final passage, yeas 94, nays 2. Finally passed, ordered to the Senate.

    5/12/2026House

  7. Received from the House without amendments.

    5/12/2026Senate

  8. Scheduled for floor debate on 05/12/2026.

    5/11/2026House

  9. Read by title, passed to 3rd reading.

    5/7/2026House

  10. Reported without Legislative Bureau amendments.

    5/6/2026House

  11. Reported favorably (15-0). Referred to the Legislative Bureau.

    5/5/2026House

  12. Read by title, under the rules, referred to the Committee on Retirement.

    3/26/2026House

  13. Received in the House from the Senate, read by title, lies over under the rules.

    3/25/2026House

  14. Senate floor amendments read and adopted. Read by title and passed by a vote of 36 yeas and 0 nays; ordered reengrossed and sent to the House. Motion to reconsider tabled.

    3/24/2026Senate

  15. Read by title. Ordered engrossed and passed to third reading and final passage.

    3/17/2026Senate

  16. Reported favorably.

    3/16/2026Senate

  17. Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Retirement.

    3/9/2026Senate

  18. Prefiled and under the rules provisionally referred to the Committee on Retirement.

    1/23/2026Senate

Bill Text

Related Bills

Back to State Legislation