This bill amends the Firefighters' Retirement System by modifying the composition of its board of trustees. Specifically, it increases the number of trustees from eleven to twelve and mandates that two retirees from the system be elected by a majority vote of the retired members and beneficiaries, rather than just one retiree as previously stipulated. The term for these elected retirees will remain five years.

Additionally, the bill clarifies that the current retiree member serving on the board will not be affected by this change, and it sets a deadline for the election of the second retiree to occur by December 31, 2024. The bill will take effect upon the governor's signature or, if not signed, after the designated period for bills to become law without signature.

Statutes affected:
HB40 Original: 11:2260(A)(2)
HB40 Engrossed: 11:2260(A)(2)
HB40 Reengrossed: 11:2260(A)(2)
HB40 Enrolled: 11:2260(A)(2)
HB40 Act : 11:2260(A)(2)