Relative to the Teachers' Retirement System of La., provides for calculation of individualized contribution rates (EN NO IMPACT APV)
Relative to the La. State Employees' Retirement System, requires employers to remit to the system individualized employer contributions (EN NO ACTUARIAL COST APV)
Provides for technical corrections to various unemployment compensation provisions
Provides relative to payment of system liabilities and limits creation of additional liabilities (EN DECREASE APV)
Requires forfeiture of retirement benefits by any public employee or elected official who is a member of a public retirement system and is convicted of certain state or federal felony acts associated with his office (EN +$43,597 FC SG EX)
Provides for enrollment of new hires of the Harbor Police Department of the Port of New Orleans in the Hazardous Duty Services Plan in the La. State Employees' Retirement System and for merger of the existing Harbor Police Retirement System into the La. State Employees' Retirement System (EN INCREASE APV)
Makes technical corrections to various codal provisions and provisions of the Louisiana Revised Statutes
Relative to the state retirement systems, makes changes to the benefits for persons hired on or after January 1, 2011 (EN -$13,070,780 FC EX)