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2007 Regular Legislative Session
On behalf of the Board of Trustees and staff, we are
pleased to provide you with the following brief description and the act
number of the legislation that was sponsored by the Louisiana Sheriffs’
Pension Fund Board of Trustees and passed in the 2007 Regular Session of
the Louisiana Legislature.
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Requires the
completion of advanced education in actuarial science,
investments, laws applicable to the system, and fiduciary duty
and ethics by potential trustees prior to being elected or
appointed as trustees. Effective 07/01/07 |
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Provides for the
option of a four-year Back-DROP period for members with 30 or
more years of service. Effective 07/01/07 |
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Provides for the
payment of a 3% cost-of-living adjustment (COLA) for retired and
disabled members and survivors who have been receiving a benefit
for one full calendar year. Effective 07/01/07 |
| Provides for the
payment of a 2% COLA for all pension recipients 65 and over.
Effective 07/01/07 |
The act numbers are links to the Louisiana Legislature's website
where you can view the text of the bill or print a copy. You must have
Acrobat Reader installed on your computer to view or print the text
versions of the bills. To download a free copy of the reader click
here.
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