Louisiana 2016 2016 Regular Session

Louisiana House Bill HB998 Comm Sub / Analysis

                    RESUMEHB998 3643 5654
RÉSUMÉ DIGEST
ACT 295 (HB 998) 2016 Regular Session	Chad Brown
Existing law provides that 100% of the premium costs of group hospital, surgical, medical
expense, and dental insurance and the first $10,000 of life insurance shall be paid out of the
sheriffs general fund for all sheriffs and deputy sheriffs who retire on or after July 1, 2001,
and before July 1, 2011, from the Assumption Parish Sheriff's Office with at least 20 years
of service and 55 years of age.
Existing law also provides that the Assumption Parish Sheriff's Office shall continue to pay
100% of insurance premiums and pay the same percentage of premiums for the same type
and level of insurance coverage for all sheriff and deputy sheriff dependents that were
covered under the provision of law that existed prior to June 1, 2001.
Existing law further provides that 100% of the premium costs of group hospital, surgical,
medical expense, and dental insurance and the first $10,000 of life insurance shall be paid
out of the sheriffs general fund for all sheriffs and deputy sheriffs who retire on or after July
1, 2011, from the Assumption Parish Sheriff's Office with at least 20 years of service and 55
years of age.
New law retains existing law and further provides that in the parish of Assumption existing
law only applies to sheriffs and deputy sheriffs retired before July 1, 2016.
New law also requires that the Assumption Parish Sheriff's Office pay these premium
insurance costs out of the sheriffs general fund for all sheriffs and deputy sheriffs who retire
from the Assumption Parish Sheriff's Office on or after July 1, 2016, as follows:
(1)100% of the premium costs with at least 30 years of full-time creditable service with
the Assumption Parish Sheriff's Office and are 55 years of age on the date of formal
retirement.
(2)75% of the premium costs with at least 25 years of full-time creditable service with
the Assumption Parish Sheriff's Office and are 55 years of age on the date of formal
retirement.
(3)50% of the premium costs with at least 20 years of full-time creditable service with
the Assumption Parish Sheriff's Office and are 55 years of age on the date of formal
retirement.
Effective July 1, 2016.
(Adds R.S. 13:5554(H)(4))