This bill amends and reenacts several sections of the Louisiana Revised Statutes related to the Municipal Police Employees' Retirement System. Key changes include the composition of the board of trustees, which will now consist of sixteen members instead of fifteen, and the introduction of new provisions regarding employer participation and the collection of delinquent payments. Specifically, the bill establishes that employees eligible for the retirement system must irrevocably elect their membership status within thirty days of eligibility. It also modifies the process for survivor benefits, stipulating that applications must be fully completed by a specified deadline to ensure timely benefit payments.

Additionally, the bill introduces provisions for the recovery of delinquent payments, allowing the board of trustees to approve payment plans for amounts that became delinquent before June 30, 2024. It also includes a severability clause to ensure that if any part of the law is found invalid, the remaining provisions will still be enforceable. Furthermore, the bill provides an exemption from civil liability for public officials acting in good faith under this law. Certain existing provisions are repealed, and the act is set to take effect on June 30, 2024.

Statutes affected:
HB42 Original: 11:157(A)(1), 11:2213(11), 11:2225(A)(2), 11:2227(D)(2)
HB42 Engrossed: 11:2225(A)(2), 11:2227(D)(2)
HB42 Reengrossed: 11:2225(A)(2), 11:2227(D)(2)
HB42 Enrolled: 11:157(A)(1), 11:2220(B)(2), 11:2225(A)(2), 11:2227(D)(2), 11:2213(11), 11:2220(J)(4), 11:2221(K)(4)