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 provisions include the definition of "employee," which now specifies that it excludes certain individuals not meeting the law enforcement criteria, particularly for those employed by the Baton Rouge Police Department. Additionally, the bill introduces new definitions and provisions that allow certain retirees to be reemployed without the suspension of their retirement benefits, provided they make specific elections regarding service credit and contributions.
The bill also establishes new eligibility criteria for retirement, particularly for elected chiefs of police who are not eligible under existing provisions due to term limits. It allows these individuals to retire after seven years of service at age sixty-two or older, with the requirement that they do not accrue additional benefits if they return to employment. The legislation aims to clarify the retirement system's rules and enhance the benefits for certain retirees while ensuring that contributions are managed appropriately during reemployment. The bill will take effect upon the governor's signature or after the designated period for bills to become law without signature.
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)