ENROLLED
ACT No. 4
2020 Regular Session
HOUSE BILL NO. 14
BY REPRESENTATIVE CARPENTER
1 AN ACT
2 To 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.
8 Be 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.
21 (b) Notwithstanding the provisions of Subparagraph (a) of this Paragraph,
22 the board of trustees may authorize the refund of accumulated employee
23 contributions after at least forty-five days have elapsed after termination or
24 resignation, provided any such accelerated refund is based on a bona fide emergency
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HB NO. 14 ENROLLED
1 circumstance. Every such accelerated refund must be approved by the board at a
2 regularly scheduled or specially scheduled board meeting before the refund is paid.
3 * * *
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.