Louisiana 2020 2020 Regular Session

Louisiana House Bill HB15 Comm Sub / Analysis

                    GREEN SHEET REDIGEST
HB 15	2020 Regular Session	Coussan
RETIREMENT/LOCAL: Provides for membership of certain new hires of the
Lafayette City-Parish Consolidated Government in the Parochial Employees'
Retirement System of Louisiana
DIGEST
Present law, relative to MERS, provides that employees of participating incorporated cities,
towns, or villages in La. shall be members of MERS.
Present law, relative to PERS, provides that any permanent employee of a parish shall be a
member of PERS.
Present law, relative to both MERS and PERS, provides that if the governing authorities of
a municipality and a parish consolidate into one government, those members who were
members of MERS at the time of consolidation shall remain members of MERS. Those
people employed after such consolidation shall become members of PERS.
Present law provides that notwithstanding present law, any employee of the LCG first
employed on or after Nov. 1, 2010, who is in a department created by the LCG Home Rule
Charter, except for police and firefighters, shall become a member of MERS. Present law
also includes certain employees of the city court.
Proposed law, applicable to the same groups of Lafayette employees, provides that those
hired on or after Nov. 1, 2020, shall become members of PERS instead of MERS.
Proposed law requires an employer, including LCG, to remit payments to cover the unfunded
accrued liability for each position that is terminated from system coverage by attrition.
(Amends R.S. 11:1733(F)(1)(a), 1753(C), and 1923(C))
Summary of Amendments Adopted by House
The House Floor Amendments to the engrossed bill:
1. Require the Lafayette City-Parish Consolidated Government to remit
payments to cover the unfunded accrued liability associated with each
position covered by MERS that is eliminated from system coverage after Oct.
30, 2020.
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Retirement to the
reengrossed bill
1. Broaden provisions mandating LCG's payment of position-specific unfunded
accrued liability to cover any MERS employer that terminates positions by
attrition.
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Prepared by LG Sullivan.