This bill amends and reenacts specific sections of the Louisiana Revised Statutes related to the Municipal Police Employees' Retirement System, focusing on eligibility for retirement, benefits for certain retirees, and the termination of membership for elected officials. Key changes include the definition of "employee," which now specifies that it does not include certain individuals employed by the Baton Rouge Police Department who are not law enforcement employees. Additionally, the bill introduces provisions allowing certain elected officials to terminate their membership in the retirement system upon enrolling in another statewide retirement system, and it establishes new eligibility criteria for retirement for elected chiefs of police under specific conditions.
The bill also modifies the rules regarding the reemployment of retirees, allowing them to return to work without suspending their retirement benefits under certain conditions. Specifically, retirees who meet specific service and age requirements can maintain their benefits while reemployed, provided they do not accrue additional service credit. Furthermore, the bill outlines the contribution responsibilities of both the retiree and the employer during reemployment and stipulates that contributions made during this period will be refunded to the retiree upon termination of employment, without interest. Overall, the legislation aims to clarify and enhance the retirement system for municipal police employees in Louisiana.
Statutes affected: HB15 Engrossed: 11:2220(A)(2)
HB15 Reengrossed: 11:2220(A)(2)
HB15 Enrolled: 11:2213(11), 11:2220(A)(2)
HB15 Act : 11:2213(11), 11:2220(A)(2)