ENROLLED Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Regular Session, 2012 HOUSE BILL NO. 38 BY REPRESENTATIVE JONES AN ACT1 To enact R.S. 11:142(M), relative to the payment of retirement benefits; to provide for2 reports when such benefits should be stopped; to provide for certification by the3 employee; to provide relative to the fiduciary duty of affected boards; to provide4 relative to the recovery of erroneously paid benefits; and to provide for related5 matters.6 Notice of intention to introduce this Act has been published7 as provided by Article X, Section 29(C) of the Constitution8 of Louisiana.9 Be it enacted by the Legislature of Louisiana:10 Section 1. R.S. 11:142(M) is hereby enacted to read as follows: 11 ยง142. Reciprocal recognition of credited service in state, parochial, and municipal12 systems13 * * *14 M.(1) If a retired member covered by the provisions of this Section returns15 to active service in any state, municipal, or parochial system, and the employing16 agency notifies the system that such member is a reemployed retiree, then the system17 in which the retiree becomes a member by virtue of the return shall be responsible18 for notifying all other retirement systems from which benefits are certified as being19 received, pursuant to Paragraph (2) of this Subsection, by the member so that any20 benefit payments otherwise due can be stopped pursuant to Subsection D of this21 Section.22 (2)(a) A prospective employee shall be required to list on his employment23 application all Louisiana public retirement systems from which he is receiving a24 ENROLLEDHB NO. 38 Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. retirement benefit. The prospective employee shall sign immediately beneath such1 list a certification attesting that the list is true, complete, and accurate to the best of2 the employee's knowledge.3 (b) If a prospective employee certifies that he is receiving benefits from any4 Louisiana public retirement system, within ten calendar days of his employment a5 copy of his employment application containing such certification shall be sent by the6 employer to all such retirement systems certified on the application.7 Section 2. Notwithstanding any provision of law to the contrary, any retired member8 of the Municipal Employees' Retirement System who paid into that system for at least fifteen9 years and who was also a member of the Louisiana State Employees' Retirement System and10 paid into that system for at least three and one-half years and who retired under a reciprocal11 retirement agreement with said systems prior to the effective date of this Act and who12 erroneously received retirement benefits while reemployed shall not be required to refund13 such erroneously received retirement benefits to any system. The application of this Section14 shall not be considered a violation of any trustee's fiduciary duty.15 Section 3. This Act shall become effective upon signature by the governor or, if not16 signed by the governor, upon expiration of the time for bills to become law without signature17 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If18 vetoed by the governor and subsequently approved by the legislature, this Act shall become19 effective on the day following such approval.20 SPEAKER OF THE HOUSE OF REPRESENTATI VES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED: