This bill amends the Firefighters' Retirement System by modifying the composition of the board of trustees. Specifically, it increases the number of trustees from ten to eleven. Additionally, it replaces the previous requirement for a fire chief to be elected to the board with a provision for two members of the Louisiana Fire Chiefs Association, who must also be members of the system, to be elected by the association's officers for five-year terms.
The changes will not affect the current term of the existing board member serving under the previous law. The newly created trustee position will be filled in December 2023, with the term commencing on January 1, 2024. This adjustment aims to enhance representation on the board and ensure that the interests of fire chiefs are adequately represented within the Firefighters' Retirement System.
Statutes affected: HB37 Original: 11:2260(A)(2)
HB37 Engrossed: 11:2260(A)(2)
HB37 Reengrossed: 11:2260(A)(2)
HB37 Enrolled: 11:2260(A)(2)
HB37 Act 134: 11:2260(A)(2)