House Bill No. 385, introduced by Representative Glorioso, aims to amend the Municipal Employees' Retirement System (MERS) by allowing certain members to maintain their membership in MERS instead of transitioning to the Louisiana State Employees' Retirement System (LASERS). Specifically, the bill stipulates that any individual who has at least five years of creditable service in MERS and subsequently takes a position that disqualifies them from MERS but qualifies them for LASERS can choose to remain a member of MERS. This choice must be communicated in writing to the board of trustees within thirty days of their new employment and is irrevocable.

The bill applies to individuals who begin employment in positions covered by LASERS after December 31, 2024, and provides a grace period for those employed in such positions between that date and the effective date of the bill to file their election. Additionally, any costs associated with this legislation will be funded through increased employer contributions, in accordance with the Louisiana Constitution. The bill will take effect upon the governor's signature or after the designated period for gubernatorial action if not signed.