™Your Policy Risk Impact Agent
0 chapters · 1,663 sections in this title.
La. Rev. Stat. § 11:122 Committee; membership
1.1K chars
§122. Committee; membership The actuarial committee shall consist of the following voting members: (1) The state treasurer, ex officio, or his designee, as a voting member. (2) The commissioner of administration, ex officio, or his designee, as a voting member. (3) The legislativ…
La. Rev. Stat. § 11:123 Compensation and expenses
0.4K chars
§123. Compensation and expenses The members of the committee shall serve without compensation, except for the legislative members, who shall receive their per diem as for attendance at any other legislative meeting, and from the same source. Acts 1988, No. 81, §2, eff. July 1, 19…
La. Rev. Stat. § 11:124 Quorum
0.5K chars
§124. Quorum Six voting members of the committee shall constitute a quorum for the transaction of official business. All official actions of the committee shall require the approval of a majority of the members present and voting unless a greater number is specified by statute. A…
La. Rev. Stat. § 11:125 Meetings
0.3K chars
§125. Meetings The committee shall meet as necessary, and shall assist and report to the House and Senate committees on retirement and the Joint Legislative Committee on the Budget. Acts 1988, No. 81, §2, eff. July 1, 1988; Acts 1991, No. 1038, §1; Acts 2010, No. 874, §1, eff. Ju…
La. Rev. Stat. § 11:126 Officers
0.5K chars
§126. Officers The chair and vice chair shall rotate biennially between the speaker of the House of Representatives, or his designee, and the president of the Senate, or his designee with terms beginning on the first of July. The committee shall elect any other officers as the co…
La. Rev. Stat. § 11:127 Duties
1.7K chars
§127. Duties A. The committee shall review and study, on a continuing basis, actuarial assumptions, funding methods, the unfunded liability determined by those methods, the amortization methods to reduce such unfunded liability, and such other matters as the committee deems appro…
La. Rev. Stat. § 11:1301 Definitions
1.4K chars
§1301. Definitions As used in this Chapter, the following terms have these meanings: (1) "Board" means the Louisiana State Police Retirement System Board. (2) "Distributee" means a person who is eligible for benefits pursuant to this Chapter. (3) "Division" or "office" means the …
La. Rev. Stat. § 11:1302 Creation and composition of board; powers; expenses of administration
2.7K chars
§1302. Creation and composition of board; powers; expenses of administration A. The Louisiana State Police Retirement System Board is created and is composed of the following members: (1) The state treasurer or his designee. (2) The commissioner of administration or his designee.…
La. Rev. Stat. § 11:1302.1 Compliance with Internal Revenue Code provisions
0.6K chars
§1302.1. Compliance with Internal Revenue Code provisions The retirement system shall take all actions necessary to comply with the provisions of the Internal Revenue Code applicable to qualified governmental retirement plans. The board shall promulgate rules in accordance with t…
La. Rev. Stat. § 11:1302.2 Actuary; appointment; duties and powers; actuarial assumptions
2.8K chars
§1302.2. Actuary; appointment; duties and powers; actuarial assumptions A.(1) The board of trustees shall designate an actuary who shall be a technical advisor of the board of trustees on matters regarding the operation of the retirement system created by the provisions of this C…
La. Rev. Stat. § 11:1303 Joint administration with other systems
1.4K chars
§1303. Joint administration with other systems The board of trustees may take such actions as it deems necessary or appropriate to provide for the joint administration of the retirement system and the Louisiana State Employees' Retirement System; however, no action shall be taken…
La. Rev. Stat. § 11:1304 Composition of fund
1.2K chars
§1304. Composition of fund The fund exists in the state treasury and is composed of the following: (1) Monthly payments made by all sworn, commissioned law enforcement officers of the office of state police of the Department of Public Safety and Corrections, of seven percent of t…
La. Rev. Stat. § 11:1305 Membership in pension and retirement system; credit for unclassified service
5.6K chars
§1305. Membership in pension and retirement system; credit for unclassified service prohibited; exceptions A. Membership in the Louisiana State Police Retirement System shall consist of the following: (1) Sworn, commissioned law enforcement officers of the office of state police …
La. Rev. Stat. § 11:1305.1 Transfer of service credit; purchase of accrual rate
1.0K chars
§1305.1. Transfer of service credit; purchase of accrual rate A. Notwithstanding any provision of R.S. 11:143(D) to the contrary, any member of the State Police Retirement System who, pursuant to R.S. 11:143, has transferred service credit from another retirement system, fund, or…
La. Rev. Stat. § 11:1306 Application for retirement
0.6K chars
§1306. Application for retirement Any sworn, commissioned law enforcement officer of the division of state police who has attained the age and/or length of service required for retirement shall, upon filing with the board an application requesting retirement, together with a serv…
La. Rev. Stat. § 11:1307 Persons eligible to retire on basis of service and age; retirement benefits
7.5K chars
§1307. Persons eligible to retire on basis of service and age; retirement benefits A. Upon application to the board as provided in R.S. 11:1306, members of this system shall be retired by the board at benefits fixed as follows: (1) Any member of the system, whose first employment…
La. Rev. Stat. § 11:1307.1 Exceptions
4.5K chars
§1307.1. Exceptions A. The provisions of R.S. 11:1307(A) as set forth in Section 1 of Acts 2001, No. 1160, shall not be applicable to those persons who retired from or became beneficiaries of the Louisiana State Police Retirement System on or before June 30, 2001. The provisions …
La. Rev. Stat. § 11:1307.2 Purchase of additional service credit
0.9K chars
§1307.2. Purchase of additional service credit Any member of the system with a minimum of twelve years of creditable service for regular retirement may, at the time of his retirement, purchase up to five years of service credit in one-year increments. The cost of service credit s…
La. Rev. Stat. § 11:1310 Average salary; method of determining
2.7K chars
§1310. Average salary; method of determining A.(1) With respect to persons employed prior to September 8, 1978, the term "average salary" as used in this Chapter for the purpose of determining pension payments and retirement is the average salary including any additional pay or s…
La. Rev. Stat. § 11:1311 Reemployment of retiree
1.5K chars
§1311. Reemployment of retiree A. Whenever a retiree returns to employment which otherwise would render him eligible for membership in the system, he shall not be entitled to renew his membership in or become a member of the system. If his earnings in such employment in any calen…
La. Rev. Stat. § 11:1312.1 Back-Deferred Retirement Option Program
6.0K chars
§1312.1. Back-Deferred Retirement Option Program A.(1) There is hereby created an optional retirement benefit program for members of the system called the "Back-Deferred Retirement Option Program" which shall be referred to in this Chapter as "Back-DROP". (2) In lieu of receiving…
La. Rev. Stat. § 11:1313 Disability retirement; eligibility
4.7K chars
§1313. Disability retirement; eligibility A. Eligibility for disability benefits, procedures for application for disability benefits, procedures for the certification of continuing eligibility for disability benefits, the authority of the board of trustees to modify disability be…
La. Rev. Stat. § 11:1315 Death while performing qualified military service
1.1K chars
§1315. Death while performing qualified military service In the case of a death of a member occurring on or after January 1, 2007, while performing qualified military service, as defined in Section 414(u) of the Internal Revenue Code, eligibility for survivor benefits under this …
La. Rev. Stat. § 11:1316 Death in the line of duty; death by an intentional act of violence; certain members
4.0K chars
§1316. Death in the line of duty; death by an intentional act of violence; certain members hired on or before December 31, 2010; benefit for surviving spouse of deceased employee; minor children with no surviving spouse A. This Section shall apply to any sworn commissioned law en…
La. Rev. Stat. § 11:1317 Pension of children of deceased employee and children of deceased retired employees; certain members hired on or before December 31, 2010
1.4K chars
§1317. Pension of children of deceased employee and children of deceased retired employees; certain members hired on or before December 31, 2010 A.(1) This Section shall apply to any employee whose first employment making him eligible for membership in one of the state systems oc…
La. Rev. Stat. § 11:1318 Pension of children with physical or mental disabilities of deceased employee hired
1.9K chars
§1318. Pension of children with physical or mental disabilities of deceased employee hired on or before December 31, 2010 A. Any child of a deceased member whose first employment making him eligible for membership in one of the state systems occurred on or before December 31, 201…
La. Rev. Stat. § 11:1319 Pension of parents of deceased employee hired on or before December 31, 2010
0.7K chars
§1319. Pension of parents of deceased employee hired on or before December 31, 2010 For any employee whose first employment making him eligible for membership in one of the state systems occurred on or before December 31, 2010, if there is no surviving spouse and no minor childre…
La. Rev. Stat. § 11:132 Scope of application and precedence
0.3K chars
§132. Scope of application and precedence The provisions of R.S. 11:131 shall take precedence over and supersede the provisions of any other law to the extent that such provisions are inconsistent with the provisions thereof. Redesignated from R.S. 42:672 by Acts 1991, No. 74, §3…
La. Rev. Stat. § 11:1320 Death of employee not in performance of duty; certain members hired on or before December 31, 2010; payments
1.9K chars
§1320. Death of employee not in performance of duty; certain members hired on or before December 31, 2010; payments A. This Section shall apply to any sworn commissioned law enforcement officer of the office of state police of the Department of Public Safety and Corrections whose…
La. Rev. Stat. § 11:1321 Surviving spouse remarrying; forfeiture of pension; employees hired on or before
2.2K chars
§1321. Surviving spouse remarrying; forfeiture of pension; employees hired on or before December 31, 2010 A.(1) This Section shall apply to the surviving spouse of any member whose first employment making him eligible for membership in one of the state systems occurred on or befo…
La. Rev. Stat. § 11:1322 Death of former or retired employee hired on or before December 31, 2010; pension
3.7K chars
§1322. Death of former or retired employee hired on or before December 31, 2010; pension payable to survivors A. This Section shall apply to any employee whose first employment making him eligible for membership in one of the state systems occurred on or before December 31, 2010.…
La. Rev. Stat. § 11:1322.1 Children's benefits; payment to trust
0.9K chars
§1322.1. Children's benefits; payment to trust The benefits payable to a child under this Chapter shall be paid to the person having legal custody of the property of the child, unless a trust created under Louisiana law has been created by the deceased member for the benefit of t…
La. Rev. Stat. § 11:1323 Death of employee not in performance of duty; employees hired on or after January
8.2K chars
§1323. Death of employee not in performance of duty; employees hired on or after January 1, 2011 A. This Section shall apply to any member whose first employment making him eligible for membership in one of the state systems occurred on or after January 1, 2011, and whose death o…
La. Rev. Stat. § 11:1323.1 Death of former or retired employee hired on or after January 1, 2011; pension payable to survivors
2.2K chars
§1323.1. Death of former or retired employee hired on or after January 1, 2011; pension payable to survivors A. This Section shall apply to any employee whose first employment making him eligible for membership in any state retirement system began on or after January 1, 2011. The…
La. Rev. Stat. § 11:1324 Withdrawal from fund upon leaving service
0.6K chars
§1324. Withdrawal from fund upon leaving service Any police employee who has not attained the required age nor the required years of service for retirement under the provisions of this Chapter may withdraw from the fund all of his contributions upon leaving the service as a state…
La. Rev. Stat. § 11:1325 Guaranteed return of accumulated contributions
0.5K chars
§1325. Guaranteed return of accumulated contributions Each member or retiree shall be guaranteed the refund or return of an amount equal to his accumulated contributions either in a monthly benefit or a lump sum refund, or both, paid to his surviving spouse or estate. The provisi…
La. Rev. Stat. § 11:1326 Credit for previous service upon reentry into service
0.9K chars
§1326. Credit for previous service upon reentry into service A. Any employee who has left the service and has withdrawn his accumulated contributions from the state police retirement fund may have his prior service credit reinstated provided he repays to the fund the full amount …
La. Rev. Stat. § 11:1327 Investment of funds
0.4K chars
§1327. Investment of funds The board may invest, in accordance with the provisions of R.S. 11:263, any portion of the State Police Retirement Fund in the judgment of the board, not required to pay current pensions and retirement salaries payable under the provisions of this Subpa…
La. Rev. Stat. § 11:1329 Increase in pensions; sale of drivers' licenses
1.0K chars
§1329. Increase in pensions; sale of drivers' licenses An increase of twenty-five percent in the pensions presently being paid to former officers and employees of the State Police Department who retired prior to January 1, 1955 under the provisions of R.S. 11:1306 through 1326, a…
La. Rev. Stat. § 11:133 Compulsory retirement prohibited; exceptions
1.8K chars
§133. Compulsory retirement prohibited; exceptions A. Except as provided in Subsection B of this Section, in accordance with the provisions of the federal Age Discrimination in Employment Act, no employee of the state of Louisiana, or any political subdivision thereof, or of any …
La. Rev. Stat. § 11:1331 Exemption from state income taxes; garnishment
0.5K chars
§1331. Exemption from state income taxes; garnishment All retirement income payable to retirees and their beneficiaries shall be exempt from state income taxes. All retirement benefits payable to retirees shall be subject to garnishment or court-ordered assignment only as provide…
La. Rev. Stat. § 11:1331.1 Cost-of-living adjustment; minimum benefit
2.6K chars
§1331.1. Cost-of-living adjustment; minimum benefit A. The provisions of Subsection B of this Section shall apply to: (1) Any regular retiree of the system who, on June 30, 2006: (a) Has twenty or more years of service credit; and (b) Has been retired for fifteen years or more; a…
La. Rev. Stat. § 11:1331.2 Cost-of-living adjustment; payable beginning July 1, 2016
2.7K chars
§1331.2. Cost-of-living adjustment; payable beginning July 1, 2016 A. Notwithstanding any provision of R.S. 11:1332 to the contrary, the board of trustees of the State Police Retirement System may pay a cost-of-living adjustment, payable beginning July 1, 2016, as follows: (1) In…
La. Rev. Stat. § 11:1331.3 2021 nonrecurring benefit payment; payment from experience account
2.5K chars
§1331.3. 2021 nonrecurring benefit payment; payment from experience account A. A nonrecurring lump sum shall be payable to: (1) Each retiree of the system, other than a disability retiree, who meets all of the following criteria: (a) The retiree, or the retiree and an alternate p…
La. Rev. Stat. § 11:1332 Experience account
10.9K chars
§1332. Experience account A.(1) The experience account shall be credited as follows: (a) To the extent permitted by Subparagraph (c) of this Paragraph and after the allocation to the amortization bases as provided in R.S. 11:102.4, an amount not to exceed fifty percent of the rem…
La. Rev. Stat. § 11:1332.1 Permanent benefit increase funding account
5.6K chars
§1332.1. Permanent benefit increase funding account A. Effective July 1, 2023, the balance in the permanent benefit increase funding account, referred to in this Section as the "PBI account", shall be zero. B.(1) The PBI account shall be credited as follows: (a) Any amount alloca…
La. Rev. Stat. § 11:1333 Accumulation of annual leave; conversion to membership service
1.1K chars
§1333. Accumulation of annual leave; conversion to membership service A member shall be allowed to accumulate without limitation all of the member's unused annual leave. When a member retires, or dies while still a member of the fund and before retirement leaving a surviving spou…
La. Rev. Stat. § 11:1334 Accumulation of sick leave; conversion to membership service
1.0K chars
§1334. Accumulation of sick leave; conversion to membership service When a member retires, or dies while still a member and before retirement leaving a surviving spouse or dependent, or both, who are entitled to benefits under this Chapter, his unused accumulated sick leave which…
La. Rev. Stat. § 11:1335 Conversion of annual and sick leave to a monetary value; lump sum payment; payment into Back-Deferred Retirement Option Program account
1.4K chars
§1335. Conversion of annual and sick leave to a monetary value; lump sum payment; payment into Back-Deferred Retirement Option Program account A. At the time of making application for retirement, a member may request in writing that he be paid for his unused annual and sick leave…
La. Rev. Stat. § 11:1341 Establishment of excess benefit plan
0.4K chars
§1341. Establishment of excess benefit plan There is hereby created a separate, unfunded, nonqualified excess benefit plan containing the terms and provisions set forth in this Part and intended to be a qualified governmental excess benefit arrangement, as defined in Section 415(…
