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The report evaluates creating the program, increasing employer rates for Optional Retirement Plan (ORP) contributions, shifting ORP administrative fees from members to employers, and enhancing ORP benefits through additional payouts of accrued leave. It also builds on HR 169 (2024) to address recruitment and retention challenges for faculty and highly skilled staff, culminating in recommendations.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/phased-retirement-task-force-2025-report-introduction-recommendations/585305/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/phased-retirement-task-force-2025-report-introduction-recommendations/585305.png","ImageObject",300,407,{"name":92,"@type":93},"Aria Callaghan","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-07","2026-10-15",true,{"@type":102,"interactionType":103,"userInteractionCount":44},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"What was created by House Resolution HR 143 in 2025?","Question",{"text":112,"@type":113},"HR 143 created the Phased Retirement Task Force under the jurisdiction of the Board of Regents.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"What areas does the Task Force study regarding retirement programs?",{"text":117,"@type":113},"It studies creation of a phased retirement program, potential increases in employer ORP contribution rates, shifting ORP administrative fees to employers, and enhancing ORP benefits with additional payouts of accrued leave.",{"name":119,"@type":110,"acceptedAnswer":120},"How do phased retirement programs generally work?",{"text":121,"@type":113},"They enable eligible faculty and staff nearing retirement to transition gradually by reducing teaching loads, administrative responsibilities, and/or work schedules while remaining employed for a defined period under formal agreements specifying duration, workload, compensation, and a fixed retirement date.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},585305,1792189269,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":44,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":139,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":144,"read_time":145,"preview_page_count":4},962084926284,"https://ap-avatar.wpscdn.com/davatar_29158cc5080c5b710cf443261637dec0","Table of  \nContents  \nIntroduction ................................................................................................................................2  \nOverview of Phased Retirement Plans .................................................................................2  \nTask Force Overview.................................................................................................................3  \nCurrent Membership ................................................................................................................ 4  \nRecommendations.................................................................................................................... 6  \nConclusion .................................................................................................................................. 9  \nAppendix A: HR 143 of the 2025 Regular Legislative Session.....................................10  \nAppendix B: Task Force Roster ........................................................................................... 13  \nAppendix C: NASRA Comparisons of Southern State ORPs........................................14  \nAppendix D: TRSL and ORP Historical Contribution Rates .......................................... 19  \nList of Tables  \nTable 1. Employer Contribution Rates................................................................................. 5  \nTable 2. Definited Benefit Plan Membership...................................................................... 5  \nTable 3. Optional Retirement Plan Membership ............................................................... 5  \nIMAGE SOURCES (Covers): Getty Images.  \n1 PHASED RETIREMENT TASK FORCE 2025 REPORT  \nIntroduction  \nHouse Resolution No. 143 (HR 143) of the 2025 Regular Legislative Session (Appendix A) created the Phased Retirement Task Force. Under the jurisdiction of the Board of Regents, the Task Force (Appendix B) is charged with studying the creation of a phased retirement program for Louisiana’s public postsecondary education institutions. The Task Force also examined the potential of increasing the employer rate for Optional Retirement Plan (ORP) contributions, shifting the cost of the retirement plan’s administrative fee from ORP members to their employers, and enhancing the benefit to ORP participants with additional payouts of accrued leave. Data from both national and state sources are used to inform this report.  \nThis Task Force serves as an extension of the work completed under HR 169 of the 2024 Regular Legislative Session, and continues discussions to understand the recruitment and retention challenges faced by postsecondary education institutions that are critical to develop and build talent within Louisiana. Higher education serves as an important driver of economic development by preparing the workforce, advancing research, and fostering innovation. Consequently, the recruiting market for faculty and highly skilled sta􀂓 is national and increasingly international in scope. To remain competitive with peer states and the private sector, institutions must be able to attract and retain highly productive faculty and sta􀂓, an essential component to educating and developing the state’s future talent base. Addressing the challenges associated with recruiting and retaining highly qualified personnel—and implementing e􀂓ective strategies to respond to those challenges—is central to this legislative call to action.  \nIn total, HR 143 identified ten aspects of phased retirement to be examined by the Task Force. This report responds to all these elements, providing recommendations and highlighting key considerations.  \nOverview of Phased Retirement Plans  \nPhased (also known as modified or planned) retirement programs provide work arrangements that enable eligible faculty and sta􀂓 nearing retirement to transition gradually by reducing their teaching loads, administrative responsibilities, and/or work schedules while remaining employed fo","cbCaidvOnP9zvlCD","https://ap.wps.com/l/cbCaidvOnP9zvlCD","pdf",4425097,74,"English","# Introduction\n## Overview of Phased Retirement Plans\n## Task Force Overview\n## Current Membership\n## Recommendations\n## Conclusion\n# Appendix A: HR 143 of the 2025 Regular Legislative Session\n# Appendix B: Task Force Roster\n# Appendix C: NASRA Comparisons of Southern State ORPs\n# Appendix D: TRSL and ORP Historical Contribution Rates","[{\"question\":\"What was created by House Resolution HR 143 in 2025?\",\"answer\":\"HR 143 created the Phased Retirement Task Force under the jurisdiction of the Board of Regents.\"},{\"question\":\"What areas does the Task Force study regarding retirement programs?\",\"answer\":\"It studies creation of a phased retirement program, potential increases in employer ORP contribution rates, shifting ORP administrative fees to employers, and enhancing ORP benefits with additional payouts of accrued leave.\"},{\"question\":\"How do phased retirement programs generally work?\",\"answer\":\"They enable eligible faculty and staff nearing retirement to transition gradually by reducing teaching loads, administrative responsibilities, and/or work schedules while remaining employed for a defined period under formal agreements specifying duration, workload, compensation, and a fixed retirement date.\"}]","Phased Retirement Task Force 2025 Report - Introduction - Recommendations | PDF",1792054332,186]