The bill amends R.S. 11:2178(K)(2)(a) concerning the Sheriffs' Pension and Relief Fund, specifically addressing the permanent benefit increases for certain recipients. It establishes that the permanent benefit increase will be capped at a monthly amount not exceeding two and one-half percent of the normal monthly benefit for the retiree, disability recipient, or survivor at the time the increase is granted. However, it introduces a new provision that allows recipients whose benefits are based on someone who retired with a minimum of thirty years of creditable service to receive a permanent benefit increase without being subject to the previously mentioned five percent cap on the average monthly benefit for service retirees.

The effective date of the bill is contingent upon the governor's signature or, if not signed, upon the expiration of the time 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.

Statutes affected:
SB406 Original: 11:2178(K)(2)
SB406 Engrossed: 11:2178(K)(2)
SB406 Enrolled: 11:2178(K)(2)
SB406 Act 347: 11:2178(K)(2)