Louisiana 2025 Regular Session

Louisiana Senate Bill SB1 Latest Draft

Bill / Introduced Version

                            SLS 25RS-43	ORIGINAL
2025 Regular Session
SENATE BILL NO. 1
BY SENATOR PRICE 
STATE POLICE RETIREMENT. Allows for credit for out-of-state full-time law
enforcement service. (gov sig)
1	AN ACT
2 To amend and reenact R.S. 11:1305(D)(2), relative to the State Police Retirement System;
3 to provide relative to the credit for out-of-state full-time law enforcement service;
4 to provide for the actuarial purchase of such credit; to provide for determination and
5 funding of the cost of the purchase; to provide for an effective date; and to provide
6 for related matters.
7	Notice of intention to introduce this Act has been published.
8 Be it enacted by the Legislature of Louisiana:
9 Section 1. R.S. 11:1305(D)(2) is hereby amended and reenacted to read as follows:
10 ยง1305. Membership in pension and retirement system; credit for unclassified service
11	prohibited; exceptions
12	*          *          *
13	D.(1) *          *          *
14	(2)(a) Notwithstanding any provision of law to the contrary, any person
15 whose membership in this system begins on or before June 30, 2008, who has at least
16 ten years six months of service credit, in this system, and who was employed by
17 any law enforcement agency of the federal government or of any other state or of any
Page 1 of 3
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 1
SLS 25RS-43	ORIGINAL
1 political subdivision of another state where such service is not creditable in any
2 public retirement or pension system, fund, or plan in this or any other state or of the
3 federal government, may purchase service credit in this system for such employment
4 by paying all actuarial costs of such purchase as determined by the retirement system
5 actuary, in accordance with R.S. 11:158(C) and as further provided in this Paragraph.
6	(b) To purchase credit for such service, the member shall apply to the system
7 board of trustees and furnish with such application information on the name and
8 address of each retirement or pension system, plan, or fund in which the member was
9 enrolled during the out-of-state or federal law enforcement employment, together
10 with the dates of such employment. The appropriate officer, trustee, or employee of
11 each system, plan, or fund or of the out-of-state or federal employing agency shall
12 certify the length of employment of the member and that the member does not have
13 retirement or pension credit for such employment which duplicates the service credit
14 being purchased in the system.
15	(c) The cost of such service credit shall be paid in a lump sum, or the member
16 may enter into an agreement with the board for installment payments, such
17 installments to be made within the time period approved by the board not to exceed
18 thirty-six months.
19 Section 2. The cost of this Act shall be funded with the employee payments required
20 by Section 1 of this Act. Any additional cost of this Act shall be funded with additional
21 employer contributions in compliance with Article X, Section 29(F) of the Louisiana
22 Constitution.
23 Section 3. This Act shall become effective upon signature by the governor or, if not
24 signed by the governor, upon expiration of the time for bills to become law without signature
25 by the governor, as provided in Article III, Section 18 of the Constitution of Louisiana. If
26 vetoed by the governor and subsequently approved by the legislature, this Act shall become
27 effective on the day following such approval.
Page 2 of 3
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 1
SLS 25RS-43	ORIGINAL
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Alana M. Perrin.
DIGEST
SB 1 Original	2025 Regular Session	Price
Present law provides that any person in the system with at least 10 years of service credit,
with a membership that begins on or before June 30, 2008, previously employed in any law
enforcement agency of the federal government, or of any other state or any political
subdivision of another state where such service is not creditable in any public retirement or
pension system, fund, or plan in this or any other state or of the federal government, may
purchase service credit in the system for the employment by paying all actuarial costs of the
purchase as determined by the system actuary.
Proposed law changes the existing amount of service credit a person must have to purchase
service credit from 10 years to six months and removes the membership enrollment start date
condition.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 11:1305(D)(2))
Page 3 of 3
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.