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 surviving spouse is deemed to have exercised option 2 benefits, which will be calculated based on the member's retirement benefit accrual rate and applicable reduction factors, with adjustments made to reflect the member's presumed continued service until retirement eligibility.

Additionally, the bill specifies that for surviving minor children, the total benefits payable will amount to eighty percent of the member's accrued benefits at the time of death. The amendments also ensure that any reductions in benefits due to specific provisions are not excessive and are based on the presumption of continued service until retirement eligibility. The changes aim to streamline the language and clarify the calculation of benefits for survivors, ensuring that they receive appropriate support following the member's death.

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)