LouisianaSB 4552026 Regular SessionSenateWALLET

RETIREMENT SYSTEMS: Provides for admission of entities as employers to the Parochial Employees' Retirement System of Louisiana. (2/3-CA10s(29)(F))(8/1/26) (EN SEE ACTUARIAL NOTE FC)

Sponsored By: Kirk Talbot (Republican)

Signed by Governor

Retirement

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Bill Overview

Analyzed Economic Effects

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

New retirement access for Louisiana court employees

Beginning August 1, 2026, Louisiana district and parish courts can seek Parochial Employees' Retirement System coverage for their employees. Courts must submit a plan, and the system's board must review and rule on it under board regulations. Approved plans can cover all employees and services or only selected groups and services. Selected groups can get coverage even when other court-funded positions must belong to other public retirement systems. Coverage depends on board approval and whether the plan includes your position.

Court employees get a binding retirement choice

Beginning August 1, 2026, eligible Louisiana court employees have until January 1, 2027, to choose Parochial Employees' Retirement System membership or stay in their prior public system. The choice cannot be undone. To join, you must have been hired before your court added coverage and belong to another public system for that job. You cannot have retired from that system or participated in its Deferred Retirement Option Plan. You also cannot have previously made a binding choice to stay in the Louisiana State Employees' Retirement System for that job. The Parochial system must provide election forms. Timely joiners get the same rights as other members to transfer service credits or have service recognized across systems. Credits transferred into the Parochial system cannot later be transferred back through a reverse transfer.

Sponsors & Cosponsors

Sponsor

  • Kirk Talbot

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 143 • No: 0

House vote • 5/12/2026

Read third time by title, roll called on final passage, yeas 93, nays 0. The bill, having received two-thirds vote of the elected members, was finally passed, ordered to the Senate.

Yes: 93 • No: 0

House vote • 5/5/2026

Reported favorably

Yes: 14 • No: 0

Senate vote • 4/15/2026

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

Yes: 36 • No: 0

Actions Timeline

  1. Signed by the Governor. Becomes Act No. 266.

    5/15/2026Senate
  2. Effective date 8/1/2026.

    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 93, nays 0. The bill, having received two-thirds vote of the elected members, was 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 (14-0). Referred to the Legislative Bureau.

    5/5/2026House
  12. Read by title, under the rules, referred to the Committee on Retirement.

    4/21/2026House
  13. Received in the House from the Senate, read by title, lies over under the rules.

    4/20/2026House
  14. Senate floor amendments read and adopted. Read by title and passed by a vote of 36 yeas and 0 nays; ordered re-reengrossed and sent to the House. Motion to reconsider tabled.

    4/15/2026Senate
  15. Read by title; Committee amendments read and adopted. Ordered reengrossed and passed to third reading and final passage.

    4/14/2026Senate
  16. Reported with amendments.

    4/13/2026Senate
  17. Read by title. Ordered engrossed and recommitted to the Committee on Finance.

    4/8/2026Senate
  18. Reported favorably.

    4/7/2026Senate
  19. Read second time by title and referred to the Committee on Retirement.

    4/1/2026Senate
  20. Introduced in the Senate. Read by title and placed on the Calendar for a second reading.

    3/31/2026Senate

Bill Text

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