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AN ACT To enact R.S. 11:105(A)(8), 106(A)(5), 107(A)(7), 107.1(A)(7) and (D)(5), and 246(C) and to repeal R.S. 11:107.2 and 2225(A)(7), relative to the Municipal Police Employees’ Retirement System,to provide relative to the authority of the board of trustees of the system to modify employer contribution rates in certain circumstances,to establish a funding deposit account within the system,to provide relative to cost-of-living adjustments,and to provide for related matters.

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Establishes a funding deposit account for the Municipal Police Employees’ Retirement System,authorizes the board of trustees of the system to modify required employer contribution rates.