Louisiana 2019 2019 Regular Session

Louisiana House Bill HB27 Comm Sub / Analysis

                    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)]
HB 27 Engrossed	2019 Regular Session	Jones
Abstract:  Provides relative to the calculation of monthly earnings of a retiree of the Municipal
Employees' Retirement System of La. (MERS) who returns to work and to the eligibility of
an elected official to serve as a trustee if he ceases to be an elected official.
Present law provides for a reduction of retirement benefits when a MERS retiree is reemployed part
time and his monthly earning exceed the difference between his monthly average final compensation
and his monthly retirement benefit.
Proposed law excludes the monthly earnings of certain part-time elected officials from the
calculation used to determine any reduction in benefits for part-time work.
Present law provides that the MERS board of trustees includes three elected officials.
Present law provides that an elected official may continue to serve his full term on the board of
trustees if he ceases to hold the elective office which qualified him for the position.
Proposed law provides that an elected official who no longer holds the elective office which
qualified him for the position may not continue to serve his term as a trustee.
(Amends R.S. 11:1762(A)(2) and 1821(G)(3) and (4))