MUNICIPAL EMPLOYEE RET: Provides relative to the board of trustees of the Municipal Employees' Retirement System. (6/30/24) (EN NO IMPACT APV)

This bill updates the rules for the Municipal Employees' Retirement System in Louisiana by changing how some of its board members are selected. Specifically, it requires that three of the eleven board members must be elected officials who have at least six years of creditable service with the system. The law takes effect on June 30, 2024, and applies to the composition of the board going forward.