House Bill No. by Representative Boyer amends the Louisiana State Employees' Retirement System (LASERS) regulations regarding the reemployment of retirees. The bill introduces new eligibility criteria for retirees who wish to return to work without facing any increase, suspension, or reduction of their retirement benefits. Specifically, it allows retirees with at least thirty years of service or twenty-five years of service as a P.O.S.T.-certified law enforcement officer to be exempt from these penalties, provided they have been retired for at least one year, are eligible for full retirement benefits, and have been appointed by the governor to an unclassified civil service position.

The proposed law modifies the existing requirements by reducing the service credit needed for law enforcement officers and clarifies that any costs associated with these changes will be funded through additional employer contributions, in accordance with the Louisiana Constitution. This bill aims to facilitate the reemployment of experienced retirees in critical positions while ensuring that their retirement benefits remain intact during their reemployment.

Statutes affected:
HB10 Original: 11:416(A)(3)