Louisiana 2022 2022 Regular Session

Louisiana Senate Bill SB140 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
ACT 679 (SB 140) 2022 Regular Session	Abraham
  
Existing law requires that any policy or self-insurance plan providing group hospital,
surgical, medical expense, or life insurance contracted for under the provisions of existing
law contain a provision authorizing any covered employee retiring under his sheriff's
department retirement plan to elect to continue such coverage upon retirement. Existing law
authorizes the premium cost of such coverage to be paid in full or in part from the sheriff's
general funds or by the retired employee. Existing law requires a uniform policy with respect
to the payment of such premiums be formulated and applied by each sheriff.
Existing law requires the premium costs of group hospital, surgical, medical expense, and
dental insurance and the first $10,000 of life insurance contracted for under the provisions
of existing law be paid in full from the Acadia Parish sheriff's general fund for all Acadia
Parish sheriffs and deputy sheriffs retired with at least 15 years of service who are at least 55
years of age, or retired with at least 30 years of service at any age, on or after January 1,
2015.
New law requires the Acadia Parish Sheriff's Office to pay out of the sheriff's general fund
100% of the premium costs of group insurance, hospital, surgical, and medical expense
insurance and the first $10,000 of life insurance contracted pursuant to existing law for any
sheriff, full-time deputy sheriff, or any other employee who has retired from the Acadia
Parish Sheriff's Office and who is eligible to receive benefits from the Sheriff's Pension and
Relief Fund, and that meets the following qualifications:
(1)Has at least 30 years of service being in a statewide retirement system with the final
12 years of continuous full-time creditable service with the Acadia Parish Sheriff's
Office.
(2)Is at least 55 years of age.
New law requires insurance benefits to be based on the total amount of creditable service
with a statewide retirement system including time earned in the Sheriff's Pension and Relief
Fund and the recipient's coverage during the last active year of service with the Acadia Parish
Sheriff's Office. New law requires coverage of these insurance benefits to be extended to the
recipient's eligible dependents if the recipient requests such coverage.
New law provides that recipients of insurance be subject to all cost increases or changes to
the active insurance plan.
New law applies to sheriffs and deputy sheriffs who retire on or after August 1, 2022.
Effective July 1, 2022.
(Adds R.S. 13:5554(G)(4)(d), (e), (f), and (g))