Title 11, Consolidated Public Retirement
0 chapters · 1,796 sections in this title.
La. Rev. Stat. § 11:3315 Election of officers; term
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§3315. Election of officers; term The President and Secretary of the board of directors shall be chosen by a majority vote of the members of said Board and shall be elected for a two year term. Designated from Acts 1944, No. 186, §5 by Acts 1991, No. 74, §3, eff. June 25, 1991.
La. Rev. Stat. § 11:3316 Treasurer; duties; bond
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§3316. Treasurer; duties; bond The said Commissioner of Finance of the City of Lake Charles shall be the Treasurer of said board of directors and custodian of all funds belonging to said Pension Relief Fund. He shall deposit the funds in such depositories as may be designated by …
La. Rev. Stat. § 11:3317 Board of directors; duties; meetings
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§3317. Board of directors; duties; meetings A. The board of directors shall have control and management of said Firemen's Pension and Relief Fund and shall make rules and regulations for the proper administration of said funds not in conflict with the provisions of this Part, sha…
La. Rev. Stat. § 11:3318 Secretary; duties; powers
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§3318. Secretary; duties; powers The secretary of the said board of directors shall keep in books provided for the purpose, a full and complete record of all proceedings of the board of directors, particularly with reference to investment of funds belonging to the said Pension an…
La. Rev. Stat. § 11:3319 Salary deductions paid into the fund; contributions by the city
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§3319. Salary deductions paid into the fund; contributions by the city The Firemen's Pension and Relief Fund shall consist of the following: (1) All monies, funds, properties, real and personal, and assets now belonging to or due the presently existing Firemen's Pension and Relie…
La. Rev. Stat. § 11:3320 Fiscal affairs of the fund; investment
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§3320. Fiscal affairs of the fund; investment The said board of directors may, at any time, after considering the probable current demands upon such fund, determine what portion of said fund may be safely withdrawn from the current cash account for investment for revenue purposes…
La. Rev. Stat. § 11:3321 Exemption from seizure and attachment
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§3321. Exemption from seizure and attachment A. Except as provided in R.S. 11:292, no portion of the Firemen's Pension and Relief Fund shall, before or after any order for distribution is issued by the said board of directors to the person or persons entitled thereto under the pr…
La. Rev. Stat. § 11:3322 Pensions and benefits
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§3322. Pensions and benefits A. The following members of the Lake Charles Fire Department shall be eligible to participate in the benefits of this fund, provided they were under thirty-one years of age at the time of hiring as provided elsewhere in this Part: (1) Members who shal…
La. Rev. Stat. § 11:3323 Separation from service
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§3323. Separation from service A. If any member of the said fire department should be discharged from the service for reasons of economy or reduction in force due to no fault of said member, and later should be reemployed by the said fire department, his rights to the privileges …
La. Rev. Stat. § 11:3324 Military service credit
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§3324. Military service credit A. Time served in the service of the United States Government during time of war shall constitute "service" in the said fire department as used in this Part. B. Credit for retirement benefits shall be granted for time served in U.S. Military Service…
La. Rev. Stat. § 11:3325 Member participation
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§3325. Member participation The first payment to be made by the City of Lake Charles shall be paid into the Firemen's Pension and Relief Fund during December of 1968, and all future payments shall be deposited in the Lake Charles Firemen's Pension and Relief Fund during the month…
La. Rev. Stat. § 11:3326 Computation of length of service
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§3326. Computation of length of service The methods of computing the periods of service and seniority under this Part shall be determined by the board of directors and rules shall be passed by it relative thereto. Designated from Acts 1944, No. 186, §18 by Acts 1991, No. 74, §3, …
La. Rev. Stat. § 11:3327 Authority to alienate property
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§3327. Authority to alienate property That said board of directors shall have full power and authority to sell, mortgage, lease or let, or otherwise alienate or dispose of any and all property real or personal, tangible or intangible, which becomes the property of the Firemen's P…
La. Rev. Stat. § 11:3341 Monroe Firemen's Pension and Relief Fund; continuation
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§3341. Monroe Firemen's Pension and Relief Fund; continuation A. The Monroe Firemen's Pension and Relief Fund created and provided for by Act No. 39 of 1964, as amended, is hereby continued for the pensioning of retired members, members who are superannuated, and members with dis…
La. Rev. Stat. § 11:3342 Board of trustees; officers
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§3342. Board of trustees; officers A. The board of trustees of the Monroe Firemen's Pension and Relief Fund shall be hereby created a body politic, and shall be composed of the mayor, the director of administration, the chief of the fire department, one retired fireman, and one a…
La. Rev. Stat. § 11:3343 Powers and duties
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§3343. Powers and duties A. The secretary-treasurer so elected shall be the custodian of all funds and securities belonging to the pension fund. He shall deposit such funds and securities in a depository designated by the board of trustees and shall disburse funds only upon vouch…
La. Rev. Stat. § 11:3344 Composition of the fund
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§3344. Composition of the fund The Monroe Firemen's Pension and Relief Fund shall consist of the following: (1) All monies, funds, properties, real and personal, and assets now belonging to or due The Firemen's Pension Fund of Monroe, Louisiana and/or the presently existing Monro…
La. Rev. Stat. § 11:3345 Exemption from seizure
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§3345. Exemption from seizure Except as provided in R.S. 11:292, no portion of the pension fund shall, before or after its order for distribution is issued by the board of trustees to the person or persons entitled thereto under the provisions of this Part, be held, seized, taken…
La. Rev. Stat. § 11:3346 Benefits
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§3346. Benefits Payment of pensions and benefits shall conform to the following: (1) In payment of benefits to widows, the term "widow" shall mean the lawfully married spouse of any member from whom there has not been obtained a judicial separation of bed and board or divorce at …
La. Rev. Stat. § 11:3351 [Blank]
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§3351. [Blank]
La. Rev. Stat. § 11:3361 Creation of Firefighters' Pension and Relief Fund; contributions by city
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§3361. Creation of Firefighters' Pension and Relief Fund; contributions by city A pension and relief fund for firefighters in the city of New Orleans is created. For the purpose of augmenting the fund, the city shall pay into the fund annually one percent of the revenues derived …
La. Rev. Stat. § 11:3362 Board of trustees of fund; officers; vacancies
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§3362. Board of trustees of fund; officers; vacancies A. There is hereby created a Board of Trustees for administration of this fund. This board shall be composed of the following members: (1) The superintendent of the fire department. (2) The director of finance of the city of N…
La. Rev. Stat. § 11:3363 Powers of board; assessment of members; determination of applications for benefits
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§3363. Powers of board; assessment of members; determination of applications for benefits A. The board of trustees shall have exclusive control and management of the fund and all money donated, paid, or assessed for the relief or pensioning of members with disabilities, members w…
La. Rev. Stat. § 11:3363.1 Fiduciary and investment responsibilities
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§3363.1. Fiduciary and investment responsibilities A. The following persons shall be deemed to be in a fiduciary relationship with the fund: (1) Any person who exercises any discretionary authority or discretionary control with respect to the management of system funds or assets.…
La. Rev. Stat. § 11:3364 Emergency and supernumerary firefighters
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§3364. Emergency and supernumerary firefighters A. Any emergency or supernumerary firefighters of the New Orleans Fire Department may elect to become eligible for full pension benefits as provided by this Part upon making payment of the contributions to the fund for all service p…
La. Rev. Stat. § 11:3365 Salary deductions paid into the fund by persons employed after December 31, 1967
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§3365. Salary deductions paid into the fund by persons employed after December 31, 1967 A. Five percent of the salaries of all members of the fire department employed after December 31, 1967, or of members employed before that date who elect to come under R.S. 11:3381 as set fort…
La. Rev. Stat. § 11:3366 Credit for military service
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§3366. Credit for military service A. Time served as a member of the active armed forces of the United States up to five years by any member of the Firefighters' Pension and Relief Fund in the city of New Orleans employed on or before December 31, 1967, who has been an officer, m…
La. Rev. Stat. § 11:3367 Fines paid into fund
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§3367. Fines paid into fund All forfeitures and fines imposed by the superintendent of the fire department upon any member of the fire department by way of discipline, shall be paid into the fund. All fines imposed by the courts for infractions of city ordinances relative to fire…
La. Rev. Stat. § 11:3368 Proceeds of sales of condemned apparatus paid into fund
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§3368. Proceeds of sales of condemned apparatus paid into fund All proceeds of sales of condemned apparatus and other personal property in use by the said department, shall be paid into the pension and relief fund. Amended by Acts 1969, No. 120, §1; Redesignated from R.S. 33:2105…
La. Rev. Stat. § 11:3369 Gifts and rewards to be paid into fund; permanent fund
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§3369. Gifts and rewards to be paid into fund; permanent fund All rewards in money, fees, gifts, and emoluments that may be paid or given for or on account of, extraordinary service or other services by the fire department, or any member thereof (except when allowed to be retaine…
La. Rev. Stat. § 11:3370 Investment of fund; permanent fund
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§3370. Investment of fund; permanent fund A. The sum of five hundred thousand dollars when accumulated shall be retained as a permanent fund, and thereafter the annual income only may be made available for the use and purposes of the pension and relief fund. Fifty percent of any …
La. Rev. Stat. § 11:3371 Interest from investments available to pay benefits
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§3371. Interest from investments available to pay benefits The interest received from any such investment after the fund has reached the sum of five hundred thousand dollars, shall be applicable to the payment of pensions and relief under this Part. Amended by Acts 1969, No. 120,…
La. Rev. Stat. § 11:3372 Disbursing funds upon warrants; interest on deposits
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§3372. Disbursing funds upon warrants; interest on deposits All monies ordered to be paid from the pension and relief fund to any person, partnership, firm or business, shall be paid by the secretary-treasurer of the board only upon warrants signed by the president of the board a…
La. Rev. Stat. § 11:3373 Depository for funds
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§3373. Depository for funds The board of trustees shall select a bank, or banks, in the city of New Orleans, in which all monies shall be deposited by the secretary-treasurer of the board. Amended by Acts 1962, No. 403, §1; Acts 1969, No. 120, §1; Redesignated from R.S. 33:2110 b…
La. Rev. Stat. § 11:3374 Duties of secretary-treasurer; bond; authority of director of finance to conduct annual audit
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§3374. Duties of secretary-treasurer; bond; authority of director of finance to conduct annual audit A. The secretary-treasurer of the board shall be the custodian of the pension fund, and shall secure and safely keep same, subject to the control and direction of the board. The s…
La. Rev. Stat. § 11:3374.1 Submission of actuarial and accounting reports; penalty
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§3374.1. Submission of actuarial and accounting reports; penalty A. The chief administrative officer of the city of New Orleans shall request in writing to the board of trustees of the Firefighters' Pension and Relief Fund in the city of New Orleans to provide quarterly reports o…
La. Rev. Stat. § 11:3375 Report to council; appropriation by council to make good deficit
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§3375. Report to council; appropriation by council to make good deficit The board shall make report to the council of the city of New Orleans showing the condition of the pension fund on the first day of January of each year. If at any time there is not sufficient money in the fu…
La. Rev. Stat. § 11:3376 Disability payments; notice of injury; periodic examination; order to return to active duty
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§3376. Disability payments; notice of injury; periodic examination; order to return to active duty A. If any member of the fire department of the city, while in the performance of his duty, becomes and is found upon examination by the department physician to be physically or ment…
La. Rev. Stat. § 11:3377 Retirement for nonservice connected disability; method of establishing pension
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§3377. Retirement for nonservice connected disability; method of establishing pension A. If any member of the fire department acquires a total physical or mental disability and becomes incapacitated to perform his duties, and the disability is not the direct result of a service-i…
La. Rev. Stat. § 11:3378 Survivor benefits
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§3378. Survivor benefits A.(1)(a) If any active member of the fire department, while responding to an alarm of fire or while working at or returning from a fire, or while in the act of performing his duties as a firefighter, is killed or dies from immediate effects of any injury …
La. Rev. Stat. § 11:3379 Surviving widows to participate
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§3379. Surviving widows to participate The surviving widows of members of the fire department of New Orleans who have died since January 1, 1904, may participate in the fund and shall be placed upon the rolls of the fund for the amounts and under the rules established by the boar…
La. Rev. Stat. § 11:3380 Involuntary termination
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§3380. Involuntary termination Any active member of the New Orleans Firefighters' Pension and Relief Fund who suffers an involuntary termination of service by his employer in the New Orleans Fire Department and who subsequently commences receiving retirement benefits through the …
La. Rev. Stat. § 11:3381 Retirement of members first employed before January 1, 1968, having twenty years of service; mandatory retirement
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§3381. Retirement of members first employed before January 1, 1968, having twenty years of service; mandatory retirement A. Any member first employed before January 1, 1968, who has performed faithful service in the fire department for twenty years or more, the last two of which …
La. Rev. Stat. § 11:3382 Cost-of-living increases
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§3382. Cost-of-living increases A.(1) The board of trustees may use interest earnings on investments of the system in excess of normal requirements as determined by the actuary to provide an annual cost-of-living increase in benefits for retired members and widows of retired memb…
La. Rev. Stat. § 11:3383 Minimum pension for firefighters on retired list
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§3383. Minimum pension for firefighters on retired list A. Any other provision of law to the contrary notwithstanding, each firefighter on the retired list of the fire department and each surviving spouse of a member of the fire department shall receive a pension of not less than…
La. Rev. Stat. § 11:3384 Firefighters employed after December 31, 1967; computation of benefits
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§3384. Firefighters employed after December 31, 1967; computation of benefits A.(1) Notwithstanding R.S. 11:3381, any firefighter who enters the employ of the fire department after December 31, 1967, and on or before December 31, 2014, who has reached the age of fifty years and w…
La. Rev. Stat. § 11:3385 Persons employed after December 31, 1967; options
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§3385. Persons employed after December 31, 1967; options A. Any member employed after December 31, 1967, or any member employed before January 1, 1968, who elects to come under provisions of this Part which apply to members of the fire department employed after December 31, 1967,…
La. Rev. Stat. § 11:3385.1 Deferred Retirement Option Plan
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§3385.1. Deferred Retirement Option Plan A.(1) As used in this Section the term "DROP account" shall mean the notional account maintained and reconciled for recordkeeping purposes under the Deferred Retirement Option Plan as an ancillary payment option. (2) In lieu of terminating…
La. Rev. Stat. § 11:3385.2 Initial lump sum benefit option
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§3385.2. Initial lump sum benefit option A. Upon application for retirement, a member may elect to receive the actuarial equivalent of his retirement benefit as a reduced monthly benefit payable for life, plus an initial lump sum benefit. The amount of the initial lump sum benefi…
La. Rev. Stat. § 11:3386 Vested rights and benefits
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§3386. Vested rights and benefits A. Any member employed by the fire department on or before December 31, 2014, whose withdrawal from service occurs prior to the attainment of age fifty years and who shall at such time have completed at least twelve years but less than twenty of …