House Bill No. by Representative Glorioso proposes to enact R.S. 11:1751.2, which allows members of the Municipal Employees' Retirement System (MERS) to retain their membership if they transition to a position eligible for the Louisiana State Employees' Retirement System (LASERS). To qualify, individuals must have at least five years of creditable service in MERS and must file a written notice of election to remain in MERS with the board of trustees within thirty days of their new employment. This election is irrevocable, ensuring that once a member opts to stay with MERS, they cannot switch to LASERS.

The bill applies specifically 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 make 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.