House Bill No. by Representative Freeman amends the Municipal Police Employees' Retirement System (MPERS) regulations regarding the partial dissolution of a police department. The bill specifically modifies R.S. 11:2225.4(A)(2)(b)(ii) to change the threshold for determining when a police department is considered to have partially dissolved. Under the current law, a department is deemed to have partially dissolved if it reduces its number of participating employees by 50 or more. The proposed amendment increases this threshold to 100 participating employees.
This change means that a police department will only be required to make certain payments related to unfunded accrued liabilities to MPERS if it experiences a reduction of 100 or more participating employees in a fiscal year, rather than the previous threshold of 50. This adjustment aims to provide more flexibility for police departments in managing their workforce while still addressing the financial obligations to the retirement system.
Statutes affected: HB26 Original: 11:4(A)(2)