SLS 13RS-100 ENGROSSED
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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, 2013
SENATE BILL NO. 2
BY SENATOR PEACOCK
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
MUNICIPAL EMPLOYEE RET. Provides for board membership of the Municipal
Employees' Retirement System. (6/30/13)
AN ACT1
To amend and reenact R.S. 11:1821(B), relative to the Municipal Employees' Retirement2
System; to provide for membership of the boards of trustees; to provide for an3
effective date; and to provide for related matters.4
Notice of intention to introduce this Act has been published.5
Be it enacted by the Legislature of Louisiana:6
Section 1. R.S. 11:1821(B) is hereby amended and reenacted to read as follows: 7
ยง1821. Board of trustees; membership; term of office; oath of office; compensation;8
voting power; vacancies9
* * *10
B. The board shall consist of nine eleven trustees, six of whom shall be active11
and contributing members of the system with at least ten years of creditable service,12
elected by the members of this system in accordance with the election rules13
prescribed by the board; one of whom shall be the president of the Louisiana14
Municipal Association who shall serve as an ex officio member during his tenure;15
one of whom shall be the chairman of the Senate Finance Committee, but after April16
15, 1980, his place shall be taken by the chairman of the Senate Committee on17 SB NO. 2
SLS 13RS-100 ENGROSSED
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Retirement Committee, or his designee, who shall serve as a voting ex officio1
member; and one of whom shall be the chairman of the House Committee on2
Retirement Committee of the Legislature of Louisiana, or his designee, who shall3
serve as a voting ex officio member; one of whom shall be the commissioner of4
administration or his designee; and one of whom shall be the state treasurer or5
his designee.6
* * *7
Section 2. This Act shall become effective on June 30, 2013; if vetoed by the8
governor and subsequently approved by the legislature, this act shall become effective on9
June 30, 2013, or on the day following such approval by the legislature, whichever is later.10
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Margaret M. Corley.
DIGEST
Peacock (SB 2)
Present law provides for the membership of the board of trustees for the Municipal
Employees' Retirement System (MERS).
Proposed law provides for two additional members on the MERS board of trustees:
(1)The commissioner of administration.
(2)The state treasurer.
Effective June 30, 2013.
(Amends R.S. 11:1821(B))