HLS 24RS-150 ORIGINAL 2024 Regular Session HOUSE BILL NO. 33 BY REPRESENTATIVE MANDIE LANDRY RETIREMENT/LOCAL: Provides relative to retirement for all hires in the Firefighters' Pension and Relief Fund in the city of New Orleans 1 AN ACT 2To amend and reenact R.S. 11: 3384(A) and (B) and 3386(A) and to repeal R.S. 11: 3384(D) 3 and 3386(B), relative to the New Orleans Firefighters' Pension and Relief Fund; to 4 provide for eligibility for retirement benefits; to provide for accrual rates; to provide 5 for withdrawals from service prior to retirement; and to provide for related matters. 6 Notice of intention to introduce this Act has been published 7 as provided by Article III, Section 13 and Article X, Section 8 29(C) of the Constitution of Louisiana. 9Be it enacted by the Legislature of Louisiana: 10 Section 1. R.S. 11:3384 (A) and (B) and 3386(A) are hereby amended and reenacted 11to read as follows: 12 §3384. Firefighters employed after December 31, 1967; computation of benefits 13 A.(1) Notwithstanding R.S. 11:3381, any firefighter who enters the employ 14 of the fire department after December 31, 1967, and on or before December 31, 15 2014, who has reached the age of fifty years and who has not less than twelve years 16 of service in the fire department, and who is a contributing member of this system, 17 may retire upon his written application to the board setting forth at what time he 18 desires to be retired, provided that, at the time so specified for his retirement, he shall 19 have met the requirements as provided in this Section. Page 1 of 5 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 24RS-150 ORIGINAL HB NO. 33 1 (2) Any firefighter who enters the employ of the fire department on or after 2 January 1, 2015, and before August 15, 2016, who has reached the age of fifty-two 3 years, who has not less than twelve years of service in the fire department, and who 4 is a contributing member of this system may retire upon his written application to the 5 board setting forth at what time he desires to be retired, if at the time so specified for 6 his retirement he meets the requirements as provided in this Section. 7 (3) Any firefighter who enters the employ of the fire department on or after 8 August 15, 2016, who has reached retirement age as defined in 42 U.S.C. 416(l)(1), 9 hereinafter in this Part referred to as full retirement age, less ten years, who has not 10 less than twelve years of service in the fire department, and who is a contributing 11 member of this system may retire upon his written application to the board setting 12 forth at what time he desires to be retired, if at the time so specified for his 13 retirement he meets the requirements provided in this Section. 14 B.(1) If a firefighter employed by the fire department after December 31, 15 1967, on or before December 31, 2014, has worked one or more hours of service 16 after December 31, 1995, he shall receive a retirement benefit equal to two and one- 17 half percent of his average compensation based on the five highest consecutive years 18 of employment, multiplied by the number of years of creditable service. If the 19 member continues to remain a member of the system beyond twelve years of service, 20 and such member attains the age of fifty, the retirement benefit for each year or 21 portion of a year beyond twelve years of service and after age fifty shall be an 22 amount equal to three and one-third percent of the average annual compensation for 23 each year or portion of a year. If the member continues service beyond thirty years, 24 the retirement benefit for each year or portion of a year beyond twelve years of 25 service shall be an amount equal to three and one-third percent of the average annual 26 compensation for each year or portion of a year. However, the retirement benefit 27 shall not exceed a total of three and one-third percent each year. The service benefits 28 of such firefighter shall not exceed one hundred percent of the average compensation Page 2 of 5 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 24RS-150 ORIGINAL HB NO. 33 1 earned during any five highest average consecutive years of service preceding 2 retirement. 3 (2) A firefighter who enters the employ of the fire department on or after 4 January 1, 2015, and before August 15, 2016, shall receive a retirement benefit equal 5 to two and three-quarters percent of his average compensation, based on the five 6 highest consecutive years of employment, multiplied by the number of years of 7 creditable service. The service benefits of such firefighters shall not exceed one 8 hundred percent of the average compensation earned during any five highest average 9 consecutive years of service preceding retirement. Notwithstanding any provision 10 of law to the contrary, the provisions of Paragraph (1) of this Subsection are 11 applicable to all service credit earned by a firefighter who entered the fire department 12 on or after January 1, 2015. 13 (3) A firefighter who enters the employ of the fire department on or after 14 August 15, 2016, shall receive a retirement benefit equal to two and one-half percent 15 of his average compensation, based on the five highest consecutive years of 16 employment, multiplied by the number of years of creditable service. The service 17 benefits of such firefighters shall not exceed one hundred percent of the average 18 compensation earned during any five highest average consecutive years of service 19 preceding retirement. 20 * * * 21 §3386. Vested rights and benefits 22 A.(1) Any member employed by the fire department on or before December 23 31, 2014, after December 1, 1967, whose withdrawal from service occurs prior to the 24 attainment of age fifty years and who shall at such time have completed at least 25 twelve years but less than twenty of creditable service shall remain a member of the 26 pension and relief fund, and, in such a case, the member shall receive a service 27 retirement benefit beginning when he attains the age of fifty years, provided the 28 member has not withdrawn his accumulated contributions. The retirement benefit 29 to be paid shall be two and one-half percent of average compensation during the best Page 3 of 5 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 24RS-150 ORIGINAL HB NO. 33 1 year of service preceding the date of withdrawal from service for each year of 2 credited service. If the member dies after withdrawal from service but prior to 3 attaining age fifty but having twelve years credited service, his widow and/or 4 children and/or survivors shall be entitled to receive his accumulated contributions 5 in a lump sum with interest credited thereto. If the member receiving benefits under 6 this Subsection dies, his surviving widow shall receive the minimum benefit as set 7 forth in R.S. 11:3383. If the member receiving benefits under this Subsection dies 8 leaving a widow and children under the age of eighteen, then the widow and children 9 under eighteen years of age shall receive the minimum benefit as set forth in R.S. 10 11:3383 equally divided between them. When the children of the member attain the 11 age of eighteen or become married while receiving benefits under this Subsection, 12 the benefits they are receiving shall be paid to the widow of the member. 13 (2) Notwithstanding any provision of law to the contrary, the provisions of 14 Paragraph (1) of this Subsection are applicable to a firefighter who entered the fire 15 department on or after January 1, 2015. 16 * * * 17 Section 2. R.S. 11:3384(D) and 3386(B) are hereby repealed in their entirety. 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 33 Original 2024 Regular Session Mandie Landry Abstract: Provides for benefits and withdrawals for the New Orleans Firefighters' Pension and Relief Fund. Present law provides with respect to retirement eligibility and benefits in the New Orleans Firefighters' Pension and Relief Fund. Retirement Eligibility Present law provides for the following with respect to retirement eligibility: 12 years of service credit and the following: (1)Person hired between Dec. 31, 1967–Dec. 31, 2014: attained age 50. (2)Person hired between Jan. 1, 2015–Aug. 15, 2016: attained age 52. Page 4 of 5 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 24RS-150 ORIGINAL HB NO. 33 (3)Persons hired after Aug. 15, 2016: attained retirement age as defined in present federal law regarding social security. Proposed law repeals (2) and (3) above and makes 50 the retirement eligibility age for all employees. Accrual Rate Present law provides for the following with respect to accrual rate: (1)Person hired between Dec. 31, 1967–Dec. 31, 2014: (a)At 12 years of service: 2.5%. (b)Between 12 years and 30 years of service: 2.5% for the first 12 years + 3.33% for each additional year. (c)30 years or more years of service: 3.33% for all service credit. (2)Person hired between Jan. 1, 2015–Aug. 15, 2016: 2.75%. (3)Person hired after Aug. 15, 2016: 2.5%. Proposed law repeals (2) and (3) above and makes (1) applicable to all employees. Withdrawal Present law provides a member may withdraw from service and remain a member of the system and receive a retirement benefit provided that he has 12 years of service credit and the following: (1)Person hired between Dec. 31, 1967–Dec. 31, 2014: attained age 50. (2)Person hired between Jan. 1, 2015–Aug. 15, 2016: attained age 52. (3)Person hired after Aug. 15, 2016: attained retirement age as defined in present federal law regarding social security. Proposed law repeals (2) and (3) above and provides that all such employees begin to receive a benefit at age 50. (Amends R.S. 11:3384(A) and (B) and 3386(A); Repeals R.S. 11:3384(D) and 3386(B)) Page 5 of 5 CODING: Words in struck through type are deletions from existing law; words underscored are additions.