RETIREMENT/MUNICIPAL POL: Provides relative to earnable compensation for employees in the Municipal Police Employees' Retirement System (OR SEE ACTUARIAL NOTE APV)

This bill defines "earnable compensation" for the Municipal Police Employees' Retirement System in Louisiana as the full regular monthly salary plus state supplemental pay, while explicitly excluding overtime, one-time bonuses, recruitment incentives, and other nonrecurring lump-sum payments. The change directly affects municipal police employees whose retirement contributions are calculated based on their eligible compensation. The new definition will apply prospectively to pay periods ending on or after July 1, 2026, ensuring that only regular recurring earnings count toward retirement benefits during that time.