Louisiana SB8 adds the Louisiana Asset Management Pool as a participating employer in the Municipal Employees' Retirement System of Louisiana.
Louisiana SB8 amends the definition of "employer" in the Municipal Employees' Retirement System of Louisiana to include the Louisiana Asset Management Pool. This change allows the Pool to participate in the retirement system. The bill specifies that it becomes effective upon the governor's signature or, if not signed, upon the expiration of the time for bills to become law without signature. This addition expands the entities contributing to the retirement system, potentially affecting the system's funding and benefits.
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