House Bill No. [insert number] amends R.S. 13:5554(S) to clarify the payment of insurance premium costs for retirees of the Franklin Parish Sheriff's Office. The bill stipulates that 100% of the premium costs for group hospital, surgical, and medical expense insurance, as well as life insurance, will be covered by the sheriff's general fund for any sheriff or deputy sheriff who retired prior to December 31, 2012, and is eligible for benefits from the Sheriff's Pension and Relief Fund. Additionally, it outlines specific conditions under which retirees can qualify for full premium coverage based on their years of service and age.
For those who retire on or after December 31, 2012, the bill establishes a tiered system for premium payments based on the length of creditable service. It specifies that retirees with thirty years of service will receive 100% coverage, while those with at least twenty-seven or twenty-three years of service will receive 75% and 50% coverage, respectively, provided they meet the age requirements. The bill also clarifies that the Louisiana Sheriff's Pension and Relief Fund will determine the creditable days of full-time service for all retirees.
Statutes affected: HB239 Original: 13:5554(S)