Louisiana 2014 2014 Regular Session

Louisiana Senate Bill SB2 Comm Sub / Analysis

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DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
Mills	SB No. 2
Proposed law authorizes prospective termination of participation in the Parochial Employees'
Retirement System by a hospital service district located in a parish with a total population
between 70,000 and 80,000 persons. Such prospective termination  shall only apply to new
employees of the district hired on or after Jan. 1, 2015.
Proposed law provides requirements relative to such prospective termination.  Such
requirements include:
1. That all provisions of the agreement for coverage between the hospital service
district and the system remain in effect for employees hired prior to the prospective
termination.
2 That new employees of such district may not be enrolled in the system unless the
board of trustees of the system approves such coverage.
2. Requires notice and all other termination requirements provided for in the agreement
for coverage be followed for a prospective termination pursuant to proposed law.
3. Requires the terminating employer to pay any portion of UAL attributable to the
employer's prospective termination.
(Adds R.S. 11:1903(F))
Summary of Amendments Adopted by House
Committee Amendments Proposed by House Committee on Retirement to the engrossed
bill.
1. Restricts applicability of proposed law to any hospital service district located in
a parish with a total population between 70,000 and 80,000 persons.
2. Adds provision requiring continuation of the agreement for coverage for all
employees hired prior to the prospective termination.
3. Changes the effective date from Jan. 1, 2015, to Aug. 1, 2014.