The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Margaret M. Corley.
DIGEST
SB 10 Engrossed 2019 Regular Session White
Present law authorizes the board of trustees of the Sheriffs' Pension and Relief Fund (Sheriffs') to
grant permanent benefit increases (PBI) under certain circumstances.
Present law provides for one type of PBI, payable to all retirees, disability recipients, and survivors.
Provides this type of PBI shall be in monthly installments of not less than 2% nor more than 3% of
the normal monthly benefit, but in no case shall it be less than $20 per month.
Proposed law changes the amount that may be granted to no more than 2.5%. Further provides that
in no case shall any member receive in excess of 5% of the average monthly benefit in payment to
service retirees.
Proposed law authorizes the board of trustees to provide a second type of PBI to beneficiaries who
are at least 65 years of age, in an amount equal to 2% of the monthly benefit.
Proposed law restricts the board of trustees to granting only one type of PBI in any fiscal year.
Present law prohibits the board from granting a PBI pursuant to present law if a PBI was granted
pursuant to present law the immediately preceding fiscal year.
Proposed law retains present law.
Present law provides for waiting periods relative to age and time from retirement to be eligible for
a PBI. Proposed law retains present law.
Present law provides for specifications relative to a PBI granted on June 30, 2007 (R.S. 11:2178(M)).
Proposed law repeals present law.
Effective June 30, 2019.
(Amends R.S. 11:2178(K) and (L); repeals R.S. 11:246(A)(7) and 2178(M)) Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Retirement to the original bill
1. Further clarify that the board of trustees is limited to granting only one type of PBI
in any fiscal year.