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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2012
SENATE BILL NO. 15
BY SENATOR GUILLORY
MUNICIPAL EMPLOYEE RET. Provides for benefit accruals for elected officials. (7/1/12)
AN ACT1
To amend and reenact R.S. 11:1782(1) and (3) and 1802(1) and (3), relative to the Municipal2
Employees' Retirement System; to provide for computation of normal retirement3
allowances of certain elected officials; to provide for an effective date; and to4
provide for related matters. 5
Notice of intention to introduce this Act has been published.6
Be it enacted by the Legislature of Louisiana: 7
Section 1. R.S. 11:1782(1) and (3) and 1802(1) and (3) are hereby amended and8
reenacted to read as follows:9
§1782. Computation of normal retirement allowances; return of accumulated10
contributions11
The monthly amount of the retirement allowance for any member of Plan A12
shall consist of an amount equal to three percent of the member's final compensation13
multiplied by his years of creditable service, provided however, that:14
(1) Any member who is eligible to retire as of January 1, 2013, who has15
held an elective office in a municipality which is a participating employer shall be16
paid an additional annuity equal to one-half of one percent for each year of such17 SB NO. 15
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
elective service prior to January 1, 2013. The member shall not be entitled to an1
additional annuity for any year of elective service after January 1, 2013.2
* * *3
(3) Any city marshal or deputy city marshal, excluding those members4
serving as city marshals and deputy city marshals of Bossier City or Ruston on June5
30, 2003, shall receive an additional regular retirement benefit computed as follows:6
the monthly average of the seventy-two highest consecutive or joined months of7
supplemental marshals' earnings on which contributions were paid to the retirement8
system multiplied by the number of years contributions were paid to the retirement9
system on supplemental marshals' earnings multiplied by three percent for all service10
as a city marshal or deputy city marshal, plus one-half of one percent for all elected11
service as a city marshal. Should the period for which contributions are paid to the12
retirement system for supplemental marshals' earnings be less than seventy-two13
months, then the actual period on which contributions were paid shall be used to14
determine average supplemental marshals' earnings used to compute this benefit.15
However, the additional one-half of one percent for all elected service as a city16
marshal shall not accrue to anyone's benefit on or after January 1, 2013.17
* * *18
§1802. Computation of normal retirement allowance19
The monthly amount of the retirement allowance for any member of Plan B20
shall consist of an amount equal to two percent of the member's final compensation21
multiplied by his years of creditable service, provided that:22
(1) Any member who is eligible to retire as of January 1, 2013, who has23
held an elective office in a municipality which is a participating employer shall be24
paid an additional annuity equal to one-half of one percent for each year of such25
elective service prior to January 1, 2013. The member shall not be entitled to26
an additional annuity for any year of elective service after January 1, 2013; and27
* * *28
(3) Any city marshal or deputy city marshal, excluding those members29 SB NO. 15
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
serving as city marshals and deputy city marshals of Bossier City or Ruston on June1
30, 2003, shall receive an additional regular retirement benefit computed as follows:2
the monthly average of the seventy-tw o highest consecutive or joined months of3
supplemental marshals' earnings on which contributions were paid to the retirement4
system multiplied by the number of years contributions were paid to the retirement5
system on supplemental marshals' earnings multiplied by two percent for all service6
as a city marshal or deputy city marshal, plus one-half of one percent for all elected7
service as a city marshal. Should the period over which contributions are paid to the8
retirement system on supplemental marshals' earnings be less than seventy-two9
months, then the actual period for which contributions were paid shall be used to10
determine average supplemental marshals' earnings used to compute this benefit.11
However, the additional one-half of one percent for all elected service as a city12
marshal shall not accrue to anyone's benefit on or after January 1, 2013.13
Section 3. This Act shall become effective on July 1, 2012; if vetoed by the governor14
and subsequently approved by the legislature, this Act shall become effective on July 1,15
2012, or on the day following such approval by the legislature, whichever is later.16
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Laura Gail Sullivan.
DIGEST
Present law provides generally that members of the Municipal Employees' Retirement
System (MERS) shall, for each year of service as a non-elected public servant, receive a
monthly retirement allowance equal to:
Plan A: 3% x final compensation x years of service.
Plan B: 2% x final compensation x years of service.
Present law provides that members of Plan A or B who have held elective office shall
receive a monthly allowance equal to:
Plan A: 3.5% x final compensation x years of elected service.
Plan B: 2.5% x final compensation x years of elected service.
Proposed law retains present law for persons eligible to retire on January 1, 2013. SB NO. 15
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Proposed law eliminates the additional 0.5% accrual for all service credit earned on or after
Jan. 1, 2013.
Effective July 1, 2012.
(Amends R.S. 11:1782(1) and (3) and 1802(1) and (3))