The bill amends the Sheriffs' Pension and Relief Fund regulations, specifically R.S. 11:2175, to modify the conditions under which retirees can return to part-time employment in sheriff's offices. It retains the existing restrictions on retirement or disability benefits for individuals employed by sheriffs but introduces new provisions for retirees who retired before January 1, 2024. Under the new rules, these retirees can be reemployed part-time, with their earnings capped at sixty percent of their final average compensation for the first two years post-retirement and sixty-five percent thereafter. Unlike previous regulations, employer and employee contributions will be required during this reemployment period.

Additionally, the bill specifies that the new provisions for part-time reemployment will be effective from July 1, 2024, until June 30, 2028, and will not apply to retirees who retired after January 1, 2024. The existing provisions regarding part-time reemployment for retirees will remain in effect until the new rules take over. The bill aims to provide more flexibility for retirees while ensuring that the pension fund remains sustainable.

Statutes affected:
SB415 Original: 11:2175(E)(1)
SB415 Engrossed: 11:2175(E)(1)
SB415 Enrolled: 11:2175(E)(1)
SB415 Act 349: 11:2175(E)(1)