SLS 19RS-175 ENGROSSED 2019 Regular Session SENATE BILL NO. 24 BY SENATOR PEACOCK LOCAL AGENCIES. Authorizes the assessor in Caddo Parish to pay the cost of certain insurance premiums for eligible retirees from the assessor's office. (gov sig) 1 AN ACT 2 To amend and reenact R.S. 47:1923(D)(1)(a), relative to the assessor's office in Caddo 3 Parish; to provide relative to the payment of certain group insurance premiums for 4 retirees; and to provide for related matters. 5 Notice of intention to introduce this Act has been published. 6 Be it enacted by the Legislature of Louisiana: 7 Section 1. R.S. 47:1923(D)(1)(a) is hereby amended and reenacted to read as 8 follows: 9 ยง1923. Authority for assessors separately or jointly to contract for insurance; 10 payment of premiums 11 * * * 12 D.(1)(a) In the parishes of Allen, Ascension, Assumption, Avoyelles, 13 Beauregard, Bienville, Caddo, Calcasieu, Caldwell, Cameron, Catahoula, Claiborne, 14 Concordia, DeSoto, East Baton Rouge, Franklin, Iberia, Iberville, Jackson, Jefferson, 15 Lafayette, Lafourche, LaSalle, Lincoln, Livingston, Madison, Morehouse, 16 Natchitoches, Orleans, Ouachita, Plaquemines, Pointe Coupee, Rapides, Red River, 17 Sabine, St. Bernard, St. Charles, St. Helena, St. John the Baptist, St. Landry, St. Page 1 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 24 SLS 19RS-175 ENGROSSED 1 Martin, Tangipahoa, Tensas, Terrebonne, Union, Vermilion, Vernon, Washington, 2 Webster, West Baton Rouge, West Carroll, and West Feliciana, the assessor shall 3 pay the premium cost of group life, dental, group health, hospital, surgical, or other 4 medical insurance for any assessor or assessor's employee who meets the 5 requirements of Subparagraph (b) of this Paragraph. A uniform policy with respect 6 to the payment of such premium shall be formulated and applied by the assessor of 7 each parish listed in this Subparagraph. 8 * * * 9 Section 2. This Act shall become effective upon signature by the governor or, if not 10 signed by the governor, upon expiration of the time for bills to become law without signature 11 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If 12 vetoed by the governor and subsequently approved by the legislature, this Act shall become 13 effective on the day following such approval. The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Michael Bell. DIGEST SB 24 Engrossed 2019 Regular Session Peacock Present law provides with respect to eligibility for normal retirement benefits from the Assessors' Retirement Fund (R.S. 11:1421), which benefits include the payment of certain types of insurance premiums. (1)Provides that a person hired on or before Sept. 30, 2013, may retire with: (a)At least 12 years of service if the person is at least 55 years of age; or (b)At least 30 years of service at any age. (2) Provides that a person hired on or after Oct. 1, 2013, may retire with: (a)At least 12 years of service if the person is at least 60 years of age; or (b)At least 30 years of service if the person is at least 55 years of age. Present law provides additional normal retirement eligibility requirements for retirees from the assessors' offices in the parishes of: Allen, Ascension, Assumption, Avoyelles, Beauregard, Bienville, Calcasieu, Caldwell, Cameron, Catahoula, Claiborne, Concordia, DeSoto, East Baton Rouge, Franklin, Iberia, Iberville, Jackson, Jefferson, Lafayette, Lafourche, LaSalle, Lincoln, Livingston, Madison, Morehouse, Natchitoches, Orleans, Ouachita, Plaquemines, Pointe Coupee, Rapides, Red River, Sabine, St. Bernard, St. Charles, St. Helena, St. John the Baptist, St. Landry, St. Martin, Tangipahoa, Tensas, Terrebonne, Union, Vermilion, Vernon, Washington, Webster, West Baton Rouge, West Carroll, and West Feliciana. Specifically, provides: Page 2 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 24 SLS 19RS-175 ENGROSSED (1)That a person elected, appointed, or hired before August 1, 2014, may retire with: (a)Normal retirement eligibility under Title 11; and (b)At least 20 years of service. (2)That a person elected, appointed or hired on or after August 1, 2014, may retire with: (a)Normal retirement eligibility under Title 11; and (b)At least 20 years of service; and (c)At least 12 years of service credit earned at the assessor's office from which the person retires. Proposed law adds Caddo parish to the list of parishes with the additional normal retirement eligibility requirements. Effective upon signature of the governor or lapse of time for gubernatorial action. (Amends R.S. 47:1923(D)(1)(a)) Page 3 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.