Provides for enrollment of new hires of the Harbor Police Department of the Port of New Orleans in the Hazardous Duty Services Plan in the La. State Employees' Retirement System and for merger of the existing Harbor Police Retirement System into the La. State Employees' Retirement System (EN INCREASE APV)
Provides for enrollment of new hires of the Harbor Police Department of the Port of New Orleans in the Hazardous Duty Services Plan in the La. State Employees' Retirement System and for administration of the Harbor Police Retirement System by the La. State Employees' Retirement System (OR INCREASE APV)
Relative to the La. State Employees' Retirement System, establishes the Hazardous Duty Services Plan (EG NO IMPACT APV)
Relative to the Municipal Employees' Retirement System (MERS), the Municipal Police Employees' Retirement System (MPERS), and the Firefighters' Retirement System (FRS), implements the recommendations of the Funding Review Panel by providing for board membership, benefit calculation, maintaining employer contribution rates at certain amounts, and employee contribution rates (EN DECREASE APV)
Establishes a new hybrid retirement benefit structure for members of state retirement systems first hired on or after July 1, 2018 (OR INCREASE APV)
Provides a regular schedule for permanent benefit increases for retirees of the state retirement systems. (2/3 - 10s29(F)) (6/30/12) (OR -$4,700,000,000 APV)
Provides that certain employees of the Eastern La. Mental Health System are eligible for membership in the Hazardous Duty Services Plan in the La. State Employees' Retirement System (EG INCREASE APV)
Provides relative to the merger of the La. School Employees' Retirement System into the Teachers' Retirement System of La. (EG DECREASE FC SG EX)
Provides relative to membership in the Louisiana State Employees' Retirement System's Hazardous Duty Services Plan (EN INCREASE APV)
Provides for Tier 2 of benefits for persons employed on or after January 1, 2013. (6/30/12) (EN DECREASE APV)