Senate Bill No. 455, introduced by Senator Talbot, amends the Parochial Employees' Retirement System to allow district courts and parish courts in Louisiana to submit plans for their employees to become members of the system. The bill modifies existing law by creating an exception that permits the board of trustees to approve plans that do not cover all services or extend benefits to all employees of these courts. This change aims to facilitate the inclusion of court employees in the retirement system, even if they do not meet the standard requirements set for other entities.

Additionally, the bill allows employees of district or parish courts who were hired before their employer extended retirement benefits to make an irrevocable election to join the Parochial Employees' Retirement System, provided they are currently enrolled in another public retirement system and have not participated in its deferred retirement option plan. The system is required to provide the necessary forms for this election, and it is specified that individuals transferring service credit to the system cannot execute a reverse transfer. The provisions of this bill will take effect on August 1, 2026.

Statutes affected:
SB455 Original: 11:1903(B)(2)