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 16 Original 2020 Regular Session Mack
Abstract: Allows members of the La. State Employees' Retirement System (LASERS) to select an
optional survivor benefit, for the benefit of a mentally handicapped child, at any time prior
to application for retirement.
Present law provides members of LASERS with various options to receive the actuarial equivalent
of their retirement allowance in a reduced retirement allowance payable throughout the life of a
surviving beneficiary. A member may select an option only upon application for retirement, and
such selection is irrevocable.
Present law options include Option 2-B which provides that a member's reduced retirement continues
throughout the life of the person he nominated by written designation and, upon the death of that
designated person, the reduced benefit continues throughout the life of his mentally handicapped
child or children.
Proposed law authorizes a member of LASERS to select Option 2-B at any time during his
membership and allows a member to change such selection if his mentally handicapped child
predeceases him.
(Amends R.S. 11:446(A)(intro. para.) and (2)(b))