SB 18 — MUNICIPAL EMPLOYEE RET: Repeals certain exceptions for retirement benefits of retirees who return to part-time employment in a position covered by the system. (2/3-CA10s(29)(F)) (8/1/26) (EN SEE ACTUARIAL NOTE APV)

SLS 26RS-105 ENGROSSED Regular Session ENROLLED SENATE BILL NO.

18 BY SENATOR PRICE MUNICIPALAN EMPLOYEEACT RET.To amend and reenact R.S.

Repeals certain exceptions for retirement benefits of retirees who return to part-time employment in a position covered by the system.

(2/3- CA10s(29)(F)) (8/1/26) AN ACT To amend and reenact R.S.

Part-time reemployment of retirees A.(1) Whenever a retiree receiving normal retirement benefits becomes reemployed by an employer but the retiree does not meet the definition of an employee and either his monthly earnings are equal to or less than the difference betweenhismonthlyaveragefinalcompensationandhisbetweenhis monthlyretirementbenefitmonthlyaveragefinalcompensationandhismonthlyretirementbenefit ortheretireehasor moretheretireehasmorethanthirtyyears than thirtyyears of creditableserviceand is at leastagesixty,least age sixty, hisretirementbenefitsshallcontinuewithoutanyreduction,hisretirementbenefits shall continue, and the retiree shall not be a member of the system.

Page(2) 1Whenever a retiree who has thirty years or less of 3creditable Coding:service and whoisreceivingnormalretirementbenefitsbecomesreemployedbyanemployerbut the retiree does not meet the definition of an employee and his monthly earnings exceed the difference between his monthly average final compensation and his monthly retirement benefit, his retirement benefits shall be reduced by the amount that his monthly earnings exceed the difference between his monthly average final compensation and his monthly retirement benefit for every month of such employment, and the retireeshall not be a memberof the system.

Words which are struck through are deletions from existing law;

words in boldface type and underscored are additions.

SLS 26RS-105 ENGROSSED SB NO.

18 (2) Whenever a retiree who has thirty years or less of creditable service and whoisreceivingnormalretirementbenefitsbecomesreemployedbyanemployerbut the retiree does not meet the definition of an employee and his monthly earnings exceed the difference between his monthly average final compensation and his monthly retirement benefit, his retirement benefits shall be reduced by the amount that his monthly earnings exceed the difference between his monthly average final compensation and his monthly retirement benefit for every month of such employment, and the retireeshall not be a memberof the system.

*Page *1 *of Section2 2.Coding:

Section 2 of Act 634 of the 2024 Regular Session of the Legislature is hereby repealed.

Section 3.

A retiree serving as a part-time reemployed retiree under the provisions ofAct634ofthe2024RegularSession oftheLegislaturebeforeJuly1,2026,maycontinue to serve as a part-time reemployed retiree without any reduction in his retirement benefits so long as his part-time service remains continuous.

The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared bySenate Legislative Services.

The keyword, summary, 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)] DIGEST SB 18 Engrossed 2026 Regular Session Price Present law provides for exceptions allowing qualifying retirees of the Municipal Employees' Retirement System of Louisiana (MERS), at least age 60 with 30 years of creditableservice,toreturntoemploymentwithoutabenefitreduction.Proposedlawrepeals these exceptions.

Proposed law allows a part-time retiree who was reemployed before July 1, 2026, to continuereemploymentwithout abenefitreductionaslongastherewasnobreakin service.

Effective August 1, 2026.

(Amends R.S.

11:1762(A);

repeals Section 2 of Act 634 of the 2024 RS) Summary of Amendments Adopted by Senate Committee Amendments Proposed by Senate Committee on Retirement to the Page 2 of 3 Coding:

SLS 26RS-105 ENGROSSED SB NO.

18 originalENROLLED bill* 1.* * Section 2.

MakeSection technical2 changes.of Act 634 of the 2024 Regular Session of the Legislature is hereby repealed.

2.Section 3.

DeleteA proposedretiree lawserving exceptionsas allowinga reemploymentpart-time withoutreemployed retiree under the provisions ofAct634 ofthe2024 RegularSession oftheLegislaturebeforeJuly1,2026,maycontinue to serve as a benefitpart-time reduction.reemployed retiree without any reduction in his retirement benefits so long as his part-time service remains continuous.

3.PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED:

ProvidePage that2 certainof retirees2 mayCoding: continue reemployment without any reduction in benefits so long as their part-time service remains continuous.

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