Louisiana 2019 2019 Regular Session

Louisiana House Bill HB27 Comm Sub / Analysis

                    GREEN SHEET REDIGEST
HB 27	2019 Regular Session	Jones
RETIREMENT/MUNICIP AL EMP:  Provides relative to elected officials who are
members of the Municipal Employees' Retirement System of Louisiana
DIGEST
Present law provides for a reduction of retirement benefits when a MERS retiree is
reemployed part time and his monthly earning exceeds 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.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 11:1762(A)(2) and 1821(G)(3) and (4))
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Retirement to the
engrossed bill
1. Make technical corrections.
2. Adds emergency effective date.
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Prepared by LG Sullivan.