SLS 12RS-1264 ENGROSSED Page 1 of 2 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. 727 BY SENATORS CLAITOR, APPEL, CORTEZ, CROWE, GUILLORY, LONG AND PERRY STATE EMPLOYEE RET. Bars former legislators from system membership. (6/30/12) AN ACT1 To enact R.S. 11:413(11), relative to membership in the Louisiana State Employees'2 Retirement System; to provide for classes of employees who are ineligible for3 membership in the system; to provide for an effective date; and to provide for related4 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. 11:413(11) is hereby enacted to read as follows: 8 ยง413. Classes of employees not eligible9 The following classes of employees and officers shall not be or become10 members of this system:11 * * *12 (11) Any person who has previously served in the Louisiana Legislature.13 * * *14 Section 2. Any person to whom this Act applies who is an active contributing15 member of the Louisiana State Employees' Retirement System on June 30, 2012, may retain16 service credit accrued in the system; however, such person shall on and after July 1, 2012,17 SB NO. 727 SLS 12RS-1264 ENGROSSED Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. be ineligible to be a member of the system. Employer and employee contributions on the1 salary of all such persons shall cease, and no further service credit shall accrue after June 30,2 2012.3 Section 3. This Act shall become effective on June 30, 2012; if vetoed by the4 governor and subsequently approved by the legislature, this Act shall become effective on5 June 30, 2012, or on the day following such approval by the legislature, whichever is later.6 The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Laura Gail Sullivan. DIGEST Claitor (SB 727) Present law provides for membership in the Louisiana State Employees' Retirement System (LASERS). Generally provides that persons who become employed in state service shall become system members as a condition of their employment. Proposed law retains present law. Present law provides for classes of employees who are ineligible to become LASERS members. Such classes include, among others, certain elected or appointed public officials and independent contractors. Proposed law retains present law and specifies that any person who has previously served in the Louisiana Legislature is ineligible for LASERS membership. Proposed law provides any person to whom proposed law applies who is an active contributing member of LASERS on June 30, 2012, may retain service credit accrued in the system. Provides, however, that such person shall on and after July 1, 2012, be ineligible to be a member of the system. Further provides that employer and employee contributions on the salary of all such persons shall cease, and no further service credit shall accrue after June 30, 2012. Effective June 30, 2012. (Adds R.S. 11:413(11))