RÉSUMÉ DIGEST
ACT 347 (SB 406) 2024 Regular Session Kleinpeter
Existing law authorizes the board of trustees of the Sheriffs' Pension and Relief Fund to
provide permanent benefit increases (PBIs) to benefit recipients under certain circumstances.
Limits any PBI to 2.5% of the normal monthly benefit being paid on the date of the increase.
Further limits the dollar amount of any recipient's increase to 5% of the average monthly
benefit in payment to service retirees as of the end of the preceding fiscal year.
New law provides an exception that the increase payable to any recipient whose benefit is
based on the membership of someone with at least 30 years of creditable service shall not be
subject to a cap on any PBI authorized by the board of trustees under existing law.
Effective May 28, 2024.
(Amends R.S. 11:2178(K)(2)(a))
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)