Way to go, members! The House of Representatives voted 80 to 20 to pass HB 42 and send it to the Senate for debate. Please click here to read the article in yesterday’s copy of The Advocate newspaper by Marsha Shuler.
Included here is a link that reflects who voted for and against HB 42. RSEA would be most appreciative if you would contact YOUR State Representative and thank them for their support.
We are only halfway there. Now, we have to start calling our Senators and ask for their help and support by co-authoring HB 42. Here’s a link to find your Louisiana Legislators.
HB 42 has been received by the Senate and assigned to the Senate Retirement Committee.
Below are listed the members of the Senate Retirement Committee:
Senator Elbert L. Guillory (Chairman)
633 East Landry Street
Opelousas, LA 70570
Senator Page Cortez (Vice-Chairman)
101 W. Farrell Road
Bldg. 5, Suite 100
Lafayette, LA 70508
Senator Conrad Appel
721 Papworth Avenue
Metairie, LA 70005
Senator A.G. Crowe
646 Carnation Street
Slidell, LA 70460
Senator Gerald Long
P.O. Box 151
Winnfield, LA 71483
Senator Barrow Peacock
1619 Jimmie Davis Highway
Bossier City, LA 71112
Senator Jonathan “J. P.” Perry
P.O. Box 100
Kaplan, LA 70548
Reasons we are asking for a COLA:
Inflation increased by 2.1% in 2014.
The average benefit increase to be implemented by this legislation for eligible members of LASERS will be in the neighborhood of $30.00 per month before taxes.
The Office of Group Benefits has indicated premiums for medical insurance will increase 12% on July 1, 2015. That means a retiree, who is not Medicare eligible, participating in the Magnolia Local Plus Plan, will be paying an additional $16.83 per month for single coverage and up to $58.00 additional per month on a family plan for their health insurance coverage.
Physician copays have increased – from $15.00 to $25.00 for general practitioners, and from $25.00 to $50.00 for specialists.
Prescription drug copays have also increased on certain medicines.
Retiree COLAS have only been granted twice since 2008 totaling 4.5% in 7 years.