RESUMEHB586 422 7101
Thibaut (HB 586) Act No. 186
Existing law provides with respect to eligibility for normal retirement benefits from the
Assessors' Retirement Fund (R.S. 11:1421). Persons hired on or before Sept. 30, 2013, may
retire with at least 12 years of service if they are at least 55 years of age, or with at least 30
years of service at any age. Persons hired on or after Oct. 1, 2013, may retire with at least
12 years of service if they are at least 60 years of age, or with at least 30 years of service if
they are at least 55 years of age.
For Allen, Ascension, Assumption, Avoyelles, Beauregard, Bienville, Calcasieu, Caldwell,
Cameron, Catahoula, Claiborne, Concordia, DeSoto, East Baton Rouge, Franklin, Iberia,
Iberville, Jackson, Jefferson, Lafayette, Lafourche, LaSalle, Lincoln, Livingston, Madison,
Morehouse, Natchitoches, Orleans, Ouachita, Plaquemines, Pointe Coupee, Rapides, Red
River, Sabine, St. Bernard, St. Charles, St. Helena, St. John the Baptist, St. Landry, St.
Martin, Tangipahoa, Tensas, Terrebonne, Union, Vermilion, Vernon, Washington, Webster,
West Baton Rouge, West Carroll, and West Feliciana parishes:
Prior law required the assessor to pay the premium cost of group life, dental, health, and
other insurance (insurance premium costs) for an assessor or assessor's employee who retires
(retiree) with at least 20 years of service and who is at least 55 years of age, or with at least
30 years of service at any age.
New law changes the eligibility criteria for the assessor's payment of a retiree's insurance
premium costs. For a retiree elected, appointed, or hired before Aug. 1, 2014, eligibility is
changed from a retiree who retires with at least 20 years of service and is at least 55 years of
age, or at least 30 years of service at any age to a retiree with at least 20 years of service and
who is eligible for normal retirement benefits from the Assessors' Retirement Fund. For a
retiree elected, appointed, or hired on or after Aug. 1, 2014, an eligible retiree shall retire
with at least 20 years of service, be eligible for normal retirement benefits from the
Assessors' Retirement Fund, and have at least 12 years of service credit earned at the
assessor's office from which he retires.
New law adds Livingston parish.
For Acadia Parish:
Prior law required the assessor to pay the insurance premium costs for a retiree who retires
with at least 25 years of service and who is at least 55 years of age, or with at least 30 years
of service at any age.
New law changes the eligibility criteria for the assessor's payment of a retiree's insurance
premium costs. For a retiree elected, appointed, or hired before Aug. 1, 2014, eligibility is
changed from a retiree who retires with at least 25 years of service and is at least 55 years of
age, or at least 30 years of service at any age to a retiree who retires with at least 20 years of
service and is eligible for normal retirement benefits from the Assessors' Retirement Fund.
For a retiree elected, appointed, or hired on or after Aug. 1, 2014, an eligible retiree shall
retire with at least 20 years of service, be eligible for normal retirement benefits from the
Assessors' Retirement Fund, and have at least 12 years of service credit earned at the Acadia
Parish assessor's office.
For East Carroll and Richland parishes:
New law requires the assessor to pay the insurance premium costs for a retiree elected,
appointed, or hired on or after Aug. 1, 2014, if the retiree retires with at least 20 years of
service credit, 12 years of which have been earned at the assessor's office from which he
retires, and he is eligible for normal retirement benefits from the Assessors' Retirement Fund.
Effective Aug. 1, 2014.
(Amends R.S. 47:1923(D))