HLS 25RS-211 ORIGINAL
2025 Regular Session
HOUSE BILL NO. 7
BY REPRESENTATIVE DEWITT
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
RETIREMENT/FIREFIGHTERS: Provides relative to the funding deposit account for the
Firefighters' Retirement system
1 AN ACT
2To amend and reenact R.S. 11:107.1(D)(4)(a) and to repeal R.S. 11:107.1(D)(4)(c), relative
3 to the Firefighters' Retirement System; to remove the prohibition on payment of cost-
4 of-living increases from the system funding deposit account; and to provide for
5 related matters.
6 Notice of intention to introduce this Act has been published
7 as provided by Article X, Section 29(C) of the Constitution
8 of Louisiana.
9Be it enacted by the Legislature of Louisiana:
10 Section 1. R.S. 11:107.1(D)(4)(a) is hereby amended and reenacted to read as
11follows:
12 ยง107.1. Funding deposit account
13 * * *
14 D. Notwithstanding any provisions of law to the contrary, the board of
15 trustees of each system may in any fiscal year direct that funds from the account be
16 charged for the following purposes:
17 * * *
18 (4)(a) Except as provided in Subparagraph (c) of this Paragraph, to To
19 provide for cost-of-living increases, in accordance with applicable law.
20 * * *
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 25RS-211 ORIGINAL
HB NO. 7
1 Section 2. R.S. 11:107.1(D)(4)(c) is hereby repealed in its entirety.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 7 Original 2025 Regular Session Dewitt
Abstract: Repeals the provision that prohibits the Firefighters' Retirement System (FRS)
from paying for cost-of-living increases from funds deposited in the system's funding
deposit account.
Present law provides for the creation and use of a funding deposit account for certain
statewide retirement systems including FRS.
Present law provides funds deposited into the funding deposit account may be used for any
of the following:
(1)Reduce the system's unfunded accrued liability.
(2)Reduce future employer contributions.
(3)Reduce the present value of future normal costs.
(4)Pay cost-of-living increases.
Proposed law retains present law.
Present law prohibits FRS from paying cost-of-living increases from funds deposited into
the funding deposit account.
Proposed law repeals present law.
(Amends R.S. 11:107.1(D)(4)(a); Repeals R.S. 11:107.1(D)(4)(c))
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.