HLS 20RS-100 ENGROSSED
2020 Regular Session
HOUSE BILL NO. 14
BY REPRESENTATIVE CARPENTER
RETIREMENT/FIREFIGHTERS: Provides relative to the refund of employee contributions
to the Firefighters' Retirement System
1 AN ACT
2To amend and reenact R.S. 11:2256(E)(3), relative to employee contributions to the
3 Firefighters' Retirement System; to provide relative to the refund of employee
4 contributions; and to provide for related matters.
5 Notice of intention to introduce this Act has been published
6 as provided by Article X, Section 29(C) of the Constitution
7 of Louisiana.
8Be it enacted by the Legislature of Louisiana:
9 Section 1. R.S. 11:2256(E)(3) is hereby amended and reenacted to read as follows:
10 ยง2256. Benefits; refund of contributions, application, and payment
11 * * *
12 E.
13 * * *
14 (3)(a) Except as provided in Subparagraph (b) of this Paragraph, refunds A
15 refund of accumulated employee contributions shall not be payable until the board
16 of trustees approves the refund at a meeting that occurs at least ninety thirty days
17 after termination or resignation, but and not until all employee contributions for the
18 member have been received by the retirement system. Refunds of accumulated
19 employee contributions for members who previously assigned their contributions in
20 consideration of a loan will be processed under the provisions of R.S. 11:2265.
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 20RS-100 ENGROSSED
HB NO. 14
1 (b) Notwithstanding the provisions of Subparagraph (a) of this Paragraph,
2 the board of trustees may authorize the refund of accumulated employee
3 contributions after at least forty-five days have elapsed after termination or
4 resignation, provided any such accelerated refund is based on a bona fide emergency
5 circumstance. Every such accelerated refund must be approved by the board at a
6 regularly scheduled or specially scheduled board meeting before the refund is paid.
7 * * *
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 14 Engrossed 2020 Regular Session Carpenter
Abstract: Provides relative to the processing period of refunds of employee contributions
to the Firefighters' Retirement System (FRS).
Present law provides that a member of FRS who ceases to be an employee, except by death
or retirement, may receive a refund of his employee contributions. Requires all employee
contributions of a member to be received by the system before a member is eligible to
receive a refund of his employee contributions. Proposed law retains present law.
Present law provides that refunds are not payable until at least 90 days after termination or
resignation. Proposed law provides that refunds are not payable until the board of trustees
approves the refund at a board meeting occurring at least 30 days after termination or
resignation.
Present law provides that the board may authorize an accelerated refund if the refund is
based on a bona fide emergency circumstance. Proposed law repeals present law.
(Amends R.S. 11:2256(E)(3))
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.