This bill enacts R.S. 11:1751.2, which establishes provisions for members of the Municipal Employees' Retirement System (MERS) who have at least five years of creditable service and transition to a position eligible for the Louisiana State Employees' Retirement System (LASERS). It allows these individuals to opt to remain members of MERS instead of joining LASERS by submitting a written notice of election to the board of trustees within thirty days of their new employment. This election is irrevocable, ensuring that eligible members can maintain their existing retirement benefits.

The bill applies to individuals who begin employment in positions covered by LASERS after December 31, 2024, and provides a thirty-day window for those employed in such positions between that date and the effective date of the Act to make their election. The funding for any costs associated with this Act will come from additional employer contributions, in accordance with Louisiana's constitutional provisions. The Act will take effect upon the governor's signature or, if not signed, after the designated period for bills to become law without signature.