Provides for retirement with 25 years of service at any age for members of the Firefighters' Pension and Relief Fund in the city of New Orleans (NOFF) (OR +$1,250,000 FC LF EX)
Provides for the option of a 10-year DROP for members of the Firefighters' Pension and Relief Fund in the city of New Orleans (NOFF) (OR +$800,000 FC LF EX)
Provides for a minimum benefit for the surviving spouse and children of certain deceased members of the Firefighters' Pension and Relief Fund in the city of New Orleans (NOFF) (OR +$19,000,000 APV)
Provides for an increase in the accrual rate from 2.5% to 3-1/3% for members of the Firefighters' Pension and Relief Fund in the city of New Orleans (NOFF) (OR +$4,040,000 FC LF EX)
(Constitutional Amendment) Limits the application of the guarantee of retirement benefits for state employees to certain types of benefits (OR NO IMPACT APV)