Provides that the state treasurer and the commissioner of administration, or their designees, serve as voting members of the Municipal Employees' Retirement System board of trustees (EN NO IMPACT APV)
Relative to the Municipal Employees' Retirement System, to authorize the Louisiana Local Government Environmental Facilities and Community Development Authority to participate in the system (EN NO IMPACT APV)
Replaces the chairman of the House Committee on Retirement with a member of the House Committee on Retirement appointed by the speaker of the House of Representatives as trustee on each state and statewide retirement system board (EN NO IMPACT APV)
Requires the Municipal Employees' Retirement System to establish rules and regulations governing certain procedures relative to the election of trustees to the system board (EG NO IMPACT APV)
Establishes a funding deposit account for the Firefighters' Retirement System and authorizes the board of trustees of the system to modify required employer contribution rates in certain circumstances and within certain limits in order to fund the account (EN NO IMPACT APV)
Provides that a member of the Firefighters' Retirement System is not eligible for disability retirement benefits if his disability is indirectly a result of a preexisting condition (EN DECREASE APV)