Adds employees of the Chenier Plain Coastal Restoration and Protection Authority to the system membership. (2/3 - CA10s29(F))(7/1/16) (EN INCREASE 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 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)
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)
Relative to the Clerks' of Court Retirement and Relief Fund, changes the definition of average final compensation for calculation of benefits of active members (EN -$25,000,000 APV)
(Constitutional Amendment) Provides for forfeiture of retirement benefits by public officials and employees who are convicted of felony acts associated with their positions (OR NO IMPACT APV)