Provides for application of a portion of state retirement system investment returns to system debt and increases the threshold that must be met prior to funding state retirement system experience accounts (OR DECREASE APV)
(Constitutional Amendment) Authorizes the legislature to provide for forfeiture of retirement benefits by public officials and employees who are convicted of felony acts associated with their positions (EN NO IMPACT 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 +$1,640,000 FC 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) (EG +$800,000 FC LF EX)
Provides for a minimum benefit for the surviving spouse and children of certain members of the Firefighters' Pension and Relief Fund in the city of New Orleans (NOFF) (OR +$15,200,000 APV)
(Constitutional Amendment) Provides for forfeiture of public retirement benefits by certain persons who are convicted of felony acts associated with their positions (OR NO IMPACT APV)
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 +$1,000,000 FC EX)
Directs the Firefighters' Retirement System to form a committee to study issues related to allowing employees of private entities to participate in the system