Louisiana 2020 2020 Regular Session

Louisiana Senate Bill SB1 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Margaret M. Corley.
DIGEST
SB 1 Original	2020 Regular Session	Price
Present law provides for an actuary and the duties of the actuary at the Municipal Employees'
Retirement System (MERS).
Present law provides for the MERS actuary to make an actuarial investigation of the members at
least once every 3 years.
Proposed law changes the requirement for an actuarial investigation from every 3 to 5 years.
Effective June 30, 2020.
(Amends R.S. 11:1826(B))