This bill amends the provisions related to survivors' benefits in the District Attorneys' Retirement System, specifically R.S. 11:1636(B)(1) and (2). The amendments include technical changes to the language regarding the benefits payable to surviving spouses and minor children of deceased active contributing members. Notably, the bill clarifies that the benefits for a surviving spouse will be calculated as if the member had retired and elected option 2 benefits on the day following their death, with adjustments based on the member's salary and creditable service up to that date.
Additionally, the bill specifies that the benefits for surviving minor children will amount to eighty percent of the member's accrued benefits at the time of death, with provisions for equal distribution among the children. The amendments also update references to certain sections of the law, replacing the previous references to R.S. 11:1633(5) with R.S. 11:1633(B) and R.S. 11:1633(A), ensuring that the calculations for benefit reductions are consistent with the member's presumed continued service until retirement eligibility.
Statutes affected: HB9 Original: 11:1636(B)(1)
HB9 Engrossed: 11:1636(B)(1)
HB9 Reengrossed: 11:1636(B)(1)
HB9 Enrolled: 11:1636(B)(1)
HB9 Act : 11:1636(B)(1)