The bill enacts a new provision under R.S. 11:2175(H) concerning the Sheriffs' Pension and Relief Fund, specifically addressing the situation of retirees who return to full-time service in positions covered by the fund. It allows these retirees to rescind their retirement by repaying all benefits received since their retirement, including any Deferred Retirement Option Plan (DROP) or Back-DROP benefits, along with interest calculated at the actuarially assumed rate of return. Upon repayment, the retiree's service credit at the time of retirement will be restored. This provision is set to terminate on December 31, 2027.

The bill is designed to provide flexibility for retirees who wish to return to work while ensuring that the pension fund is not unduly burdened by their previous benefits. The effective date of the bill will be upon the governor's signature or, if not signed, after the designated period for bills to become law without signature. If the bill is vetoed and later approved by the legislature, it will take effect the day after such approval.