Senate Retirement Committee Meeting Outcome

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The Senate Retirement Committee met March 17 and took action on one bill impacting LASERS.   SB 30, which was favorably reported, provides for LASERS technical corrections regarding spousal consent, survivors’ benefits, and post-Deferred Retirement Option Plan (DROP) contribution rates.  Both the RSEA Board and LASERS Board of Trustees support this bill.

Senator Guillory announced that the committee’s agenda for Monday, March 24 will include the proposed 1.5 percent COLA bills.

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