Legislation
Laws that change your benefits, summarized by session. Full text is at the Louisiana Legislature’s website.
2026 Regular Session
| Act | Topic | What it does |
|---|---|---|
| Act 282 | Back-DROP | Members with 35 or more years of service credit may select a Back-DROP period of up to 60 months. Effective May 22, 2026. |
| Act 42 | Early retirement | Members first employed on or after January 1, 2012, who are eligible for deferred retirement, over age 50 and have at least 30 years of creditable service may elect the actuarial equivalent of the benefit payable at age 55. Effective May 11, 2026. |
2015 Regular Session
| Act | Topic | What it does |
|---|---|---|
| Act 136 | Permissive service credit | Any member with a minimum of 12 years of creditable service may purchase service in full month increments up to five years, at the actuarial value of the benefits to be purchased. The request must accompany the retirement application. On the day the purchase is completed, the member terminates employment and retires on the next business day. |
2013 Regular Session
| Act | Topic | What it does |
|---|---|---|
| Act 10 | Transfer of service credit | Requires at least one year of membership before a member may transfer service credit from another Louisiana public retirement system into the Fund. |
| Act 231 | Final average compensation | For members hired on or after July 1, 2013, provides a cap of 115% on the 60 month calculation of final average compensation for any 12 month period over the previous 12 month period. |
| Act 170 | Cost-of-living adjustments | Retains the requirement that COLAs be funded from excess investment income and sets three funding levels: a funded ratio of 90% or more, eligible every other year; 80% or more, every 3 years; 70% or more, every 4 years. The COLA is 2.50% of the current benefit, first payable at age 60 having been retired at least one year, and capped at 200% of the average benefit payable to service retirees. |
2012 Regular Session
| Act | Topic | What it does |
|---|---|---|
| Act 527 | Membership eligibility | Increases minimum monthly earnings for membership from $800 to $1,000 if employed after December 31, 2012. |
| Act 528 | Disability retirement | Makes the 45% of final average compensation portion of the benefit tax exempt for service-related disability retirees with more than 10 years of creditable service, for disability retirements effective July 1, 2012 and after. |
| Act 528 | Active military service | Military service purchased by a reemployed member after active duty counts for vesting and benefit accrual. If a member dies on active duty, the spouse and minor children receive the same benefits as if the member had resumed employment and died. |
| Act 530 | BackDROP annuities for surviving spouses | A surviving spouse of a BackDROP participant with money in LAMP may make a one-time, irrevocable election to annuitize all or part of the balance within 90 days of the retiree’s death. |
| Act 718 | Trustee education | Adds required education in actuarial science, the laws and regulations of the Pension Fund, and ethics and fiduciary duty. |
2011 Regular Session
| Act | Topic | What it does |
|---|---|---|
| 2011 session | New benefit structure | Fund-sponsored legislation for members employed January 1, 2012 and after, passed to protect the long-term future of the Fund and minimize future contribution rate increases. See the handbook’s retirement benefit provisions. |
2008 Regular Session
| Act | Topic | What it does |
|---|---|---|
| Act 271 | Reemployed retirees | Allows recalculation of a reemployed retiree’s benefit as though he had not retired, for those reemployed by December 31, 2008 who stay at least three years and repay benefits with interest. |
| Act 406 | Reduced retirement | Provides an actuarially reduced retirement for active, contributing members with 10 years of service at age 60. |
| Act 459 | Service credit purchase | Allows members with at least 12 years of service to purchase up to three years of additional service credit at actuarial cost. |