Establishes a tiered accrual rate for new members of state retirement systems whose first employment making them eligible for membership in a state system occurs on or after July 1, 2018 (OR DECREASE APV)
Provides relative to the accrual rate for members of Plan A of the Municipal Employees' Retirement System first hired on or after July 1, 2014 (OR DECREASE APV)
Establishes a second tier of membership, applicable to new employees, in the Harbor Police Retirement System in the city of New Orleans (OR DECREASE APV)