Page 1 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Regular Session, 2014 ENROLLED SENATE BILL NO. 25 BY SENATOR GUILLORY AN ACT1 To amend and reenact R.S. 11:1142, 1147(C)(2)(a)(ii), 1151(F)(1), 1151.1(A) and (C)(1),2 and 1206, to enact R.S. 11:1132.1, and to repeal R.S. 11:162(D), 1002(11), and3 1144(A)(2), relative to the administration of the Louisiana School Employees'4 Retirement System; to provide for recovery of overpayments; to provide for5 disability and survivor benefits for certain members; to provide for technical6 corrections; to provide for an effective date; and to provide for related matters.7 Notice of intention to introduce this Act has been published.8 Be it enacted by the Legislature of Louisiana:9 Section 1. R.S. 11:1142, 1147(C)(2)(a)(ii), 1151(F)(1), 1151.1(A) and (C)(1), and10 1206 are hereby amended and reenacted and R.S. 11:1132.1 is hereby enacted to read as11 follows:12 §1132.1. Administrative errors; collections13 A. Effective July 1, 2014, the right to collect any benefit paid to an14 individual to whom the benefit was not due resulting from an administrative15 error by the system shall apply only to amounts paid during the16 thirty-six-month period immediately preceding the date on which notice of such17 error is sent to the member, except in the case of fraud.18 B. Notwithstanding the provisions of Subsection A of this Section, if the19 individual receiving the payment committed a fraud against the system, the20 right to collect such fraudulent payment shall extend to the entire amount of21 overpayment obtained through fraud.22 C. Recovery of any amount paid to an individual to whom the benefit23 ACT No. 680 SB NO. 25 ENROLLED Page 2 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. was not due, collected as provided in this Section, shall be in accordance with1 the provisions of R.S. 11:192.2 * * *3 §1142. Withdrawal from service after ten years; retirement allowance at age sixty4 vesting5 A. Any member whose first employment making him eligible for6 membership in one of the state systems occurred on or before June 30, 2010,7 who has credit for ten or more years of regular, full-time creditable service, may8 withdraw from service and elect to leave his accumulated contributions in the system9 and upon reaching age sixty, he shall be eligible to receive a retirement allowance10 based on the credits he had at the time of his withdrawal from service. 11 B. Any member whose first employment making him eligible for12 membership in one of the state systems occurred on or after July 1, 2010, who13 has five or more years of creditable service, may withdraw from service and14 elect to leave his accumulated contributions in the system and upon reaching15 age sixty, he shall be eligible to receive a retirement allowance based on the16 credits he had at the time of his withdrawal from service.17 * * *18 §1147. Disability retirement19 * * *20 C.(1) * * *21 (2)(a)(i) * * *22 (ii) A disability retiree whose membership in the system began on or after23 July 1, 2006, but whose first employment making him eligible for membership24 in one of the state systems occurred on or before June 30, 2010, who is not eligible25 to receive a regular service retirement allowance and who has at least ten years of26 creditable service, shall receive a disability retirement allowance equal to three27 percent of his average compensation multiplied by his years of creditable service.28 * * *29 §1151. Survivor benefits; members hired on or before June 30, 201030 SB NO. 25 ENROLLED Page 3 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. * * *1 F.(1) No beneficiary or beneficiaries survivor or nonretiree beneficiary2 shall receive more than one survivor's survivor benefit at any one time. Whenever3 two or more survivor benefits are payable, the survivors shall receive the larger4 benefit as long as it is payable ,. then Thereafter, the survivor shall receive the5 other benefit, if the survivor is still eligible.6 * * *7 §1151.1. Survivors' Survivor benefits; members hired on or after July 1, 20108 A.(1) Survivor benefits shall be due and payable by the system effective the9 first day of the next month following the death of a member whose first employment10 making him eligible for membership in one of the state systems occurred on or after11 July 1, 2010, but shall not be paid until a properly completed and acceptable12 application is received by the system and all proper certifications have been received13 by the system.14 (2) No survivor or nonretiree beneficiary shall receive more than one15 survivor benefit at any one time. Whenever two or more survivor benefits are16 payable, the survivors shall receive the larger benefit as long as it is payable.17 Thereafter, the survivor shall receive the other benefit, if the survivor is still18 eligible.19 * * *20 C.(1) In addition to the amount payable in accordance with Subsection B of21 this Section, for the benefit of the surviving minor child, or children, there shall be22 paid for each such child, subject to a maximum of two children, per month fifty23 percent of the benefit to which a spouse would be entitled under Subsection B of this24 Section. Benefits shall be payable to such children even if no spouse eligible for25 survivor benefits is present, provided the member had at least five years of service26 credit. Benefits for a child shall cease when the child is no longer a minor child as27 defined by this Chapter. No surviving minor child shall receive more than one28 survivor's benefit at any one time. If two benefits are applicable, only the larger shall29 be paid.30 SB NO. 25 ENROLLED Page 4 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. * * *1 §1206. Employee contributions; discontinuance2 The retirement benefits provided by this Part shall not annually exceed one3 hundred percent of average compensation, and when a member has earned accrued4 a benefits equal to one hundred percent of his average compensation, no further5 contributions shall be required of him. However, the employer shall continue to pay6 employer contributions to the system.7 Section 2. R.S. 11:162(D), 1002(11), and 1144(A)(2) are hereby repealed.8 Section 3. The cost of this Act, if any, shall be funded through employer9 contributions, in compliance with Article X, Section 29(F) of the Constitution of Louisiana.10 Section 4. This Act shall become effective on June 30, 2014; if vetoed by the11 governor and subsequently approved by the legislature, this Act shall become effective on12 June 30, 2014, or on the day following such approval by the legislature, whichever is later.13 PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED: