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HB 23LOUISIANASession 2026State BillSigned into law

Enacted

Louisiana authorizes a cost-of-living adjustment for state retirees up to two percent

Original title: RETIREMENT/STATE EMPS: Grants a cost-of-living adjustment to eligible retirees and beneficiaries (EN +$235,000,000 APV)

Last action · May 22, 2026: Effective date: 06/30/2026.Sponsors: Tony Bacala and 23 others

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What This Bill Does

Louisiana authorizes the board of trustees of the Louisiana State Employees' Retirement System to grant a to eligible retirees and beneficiaries payable July 1, 2026. The adjustment is capped at a maximum payment of two percent on the first $81,201 of a benefit, funded exclusively through the and additional employer contributions.

Why it matters

Eligible state retirees and beneficiaries may receive a pension benefit increase of up to two percent on portions of their annual payout up to $81,201, funded through retirement system accounts and employer contributions.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

retirees

Retirees may receive a cost-of-living adjustment up to two percent on the first $81,201 of their benefit if they meet age and duration requirements.

Directly affected

beneficiaries

Beneficiaries may receive a cost-of-living adjustment if benefit duration and age thresholds are met.

Directly affected

employers

Employers may be required to provide additional contributions to fund the cost of the Act.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Who is eligible for the cost-of-living adjustment under House Bill 23?

Eligible individuals include non-disability retirees aged sixty or older who received benefits for at least a year, certain beneficiaries of retirees who would have reached age sixty, and disability retirees or their beneficiaries who have received benefits for at least one year by June 30, 2026.

What is the maximum amount of the benefit increase?

The increase can be up to a maximum of two percent of the eligible benefit amount, and it applies only to the first $81,201 of the retiree or beneficiary's benefit.

How will the adjustment be funded?

The adjustment is funded exclusively with money from the , supplemented by additional employer contributions if necessary.

What else do you want to know?

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Where This Stands

Current status: Signed into law.

Procedural history

22 actions

May 22, 2026HouseEnrolled
Signed by the Governor. Becomes Act No. 280.
May 22, 2026House
Effective date: 06/30/2026.
May 19, 2026House
Sent to the Governor for executive approval.
May 18, 2026House
Received from the Senate without amendments.
May 18, 2026HouseEnrolled
Enrolled and signed by the Speaker of the House.
May 18, 2026SenateEnrolled
Signed by the President of the Senate.

Show 16 earlier actions

May 13, 2026SenateFloor
Rules suspended. Read by title, passed by a vote of 33 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
May 6, 2026SenateFloor
Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
May 5, 2026Senate
Rules suspended. Recalled from Committee.
May 5, 2026SenateIntroduced
Read by title and referred to the Legislative Bureau.
Apr 14, 2026SenateIntroduced
Read by title. Recommitted to the Committee on Finance.
Apr 13, 2026SenateCommittee
Reported favorably.
Apr 7, 2026SenateCommittee
Read second time by title and referred to the Committee on Retirement.
Apr 1, 2026HouseFloor
Read third time by title, roll called on final passage, yeas 93, nays 2. The bill, having received two-thirds vote of the elected members, was finally passed, title adopted, ordered to the Senate.
Apr 1, 2026Senate
Received in the Senate. Read first time by title and placed on the Calendar for a second reading.
Mar 31, 2026House
Scheduled for floor debate on 04/01/2026.
Mar 30, 2026HouseFloor
Read by title, amended, ordered engrossed, passed to 3rd reading.
Mar 26, 2026House
Reported with amendments (9-0).
Mar 9, 2026HouseIntroduced
Read by title, under the rules, referred to the Committee on Retirement.
Jan 23, 2026House
First appeared in the Interim Calendar on 1/23/2026.
Jan 20, 2026House
Prefiled.
Jan 20, 2026HouseCommittee
Under the rules, provisionally referred to the Committee on Retirement.

Version history

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