Title 11, Consolidated Public Retirement
0 chapters · 1,796 sections in this title.
La. Rev. Stat. § 11:901.17 Payments to retirement fund of Orleans Parish
0.7K chars
§901.17. Payments to retirement fund of Orleans Parish In lieu of paying monthly to each individual retirant of the Teachers' Retirement Fund of Orleans Parish the amount to which he is entitled to receive under the provisions of this Sub-part, the Board of Trustees of the Teache…
La. Rev. Stat. § 11:901.18 Allocation of funds for benefit purposes; amount
0.4K chars
§901.18. Allocation of funds for benefit purposes; amount There is dedicated out of the state public school fund of the State of Louisiana three hundred eighty-seven thousand dollars annually, or so much thereof as may be necessary, beginning July 1, 1948, to be paid by the state…
La. Rev. Stat. § 11:901.19 Old age assistance; teachers entitled to receive; computation and amount of benefit
3.8K chars
§901.19. Old age assistance; teachers entitled to receive; computation and amount of benefit The moneys appropriated by R.S. 17:721 shall be used: (1) To provide old age assistance to any teacher: (a) Who is now serving as a teacher in the public schools of the state; and (b) Who…
La. Rev. Stat. § 11:901.2 Administration of supplement; reduction of monthly payments
0.8K chars
§901.2. Administration of supplement; reduction of monthly payments The board of trustees of the Teachers' Retirement System of Louisiana, under such rules and regulations as the said board of trustees may adopt not inconsistent herewith, shall administer the benefit or supplemen…
La. Rev. Stat. § 11:901.20 Supplementary allowance, teachers entitled to receive
0.6K chars
§901.20. Supplementary allowance, teachers entitled to receive The moneys appropriated by R.S. 11:901.18 shall further be used to provide a supplement to the retirement allowance of any teacher who is now, or will be retired with a retirement allowance by the board of trustees of…
La. Rev. Stat. § 11:901.21 Supplementary allowance for teachers retired before July 1, 1948
1.5K chars
§901.21. Supplementary allowance for teachers retired before July 1, 1948 The eligibility for, and also the amount of the supplementary benefit for teachers retired prior to July 1, 1948, shall be determined as follows: No teacher now retired who is entitled to receive from the t…
La. Rev. Stat. § 11:901.22 Eligibility for and supplementary benefits for teachers retiring after July 1, 1948
0.9K chars
§901.22. Eligibility for and supplementary benefits for teachers retiring after July 1, 1948 The eligibility for, and also the amount of, the supplementary benefit for teachers retiring on or after July 1, 1948, shall be determined as follows: One sixtieth of the average salary r…
La. Rev. Stat. § 11:901.23 Monthly payments; scope of part
0.4K chars
§901.23. Monthly payments; scope of part The supplement provided by this Part shall be paid monthly in equal payments. Nothing in this Part is intended to limit in any way the benefit provided for a member by either the teachers' retirement system of Louisiana or the teachers' re…
La. Rev. Stat. § 11:901.24 Administration of benefits by board of trustees of state teachers' retirement system
0.4K chars
§901.24. Administration of benefits by board of trustees of state teachers' retirement system The board of trustees of the teachers' retirement system of Louisiana, under such rules and regulations as the said board of trustees may adopt not inconsistent herewith, shall administe…
La. Rev. Stat. § 11:901.25 Benefits exceeding funds allocated; reduction of benefits by board of trustees; exceptions
0.6K chars
§901.25. Benefits exceeding funds allocated; reduction of benefits by board of trustees; exceptions If the board of trustees of the teachers' retirement system of Louisiana finds that during any fiscal year the total amount of the benefits provided by this Part exceeds the sum al…
La. Rev. Stat. § 11:901.26 Payment of benefits to members of Orleans retirement fund; alternative method of payment
0.7K chars
§901.26. Payment of benefits to members of Orleans retirement fund; alternative method of payment In lieu of paying monthly to each individual retirant of the Orleans system the amount to which he is entitled to receive under the provisions of this Part, the board of trustees of …
La. Rev. Stat. § 11:901.27 Determination of funds needed; payment from public school fund
0.8K chars
§901.27. Determination of funds needed; payment from public school fund The board of trustees of the teachers' retirement system of Louisiana shall determine annually the amount required to pay the cost of the benefits provided in this Part and shall certify such amount to the St…
La. Rev. Stat. § 11:901.28 Allocation of funds for benefit purposes; amount
0.6K chars
§901.28. Allocation of funds for benefit purposes; amount There is dedicated or allocated out of the state public school fund of the State of Louisiana the sum of twenty thousand dollars annually, or so much thereof as may be necessary, beginning with the fiscal year commencing J…
La. Rev. Stat. § 11:901.29 Old age assistance, teachers entitled to receive; computation and amounts of benefits
5.1K chars
§901.29. Old age assistance, teachers entitled to receive; computation and amounts of benefits A. The monies allocated by R.S. 11:901.28 shall be used to provide old age assistance to any teacher: (1) Who is not now eligible and who never has been eligible for any benefit from th…
La. Rev. Stat. § 11:901.3 Certification of annual fund requirements to State Auditor; limitation; vouchers
0.9K chars
§901.3. Certification of annual fund requirements to State Auditor; limitation; vouchers The board of trustees of the teachers' retirement system of Louisiana shall determine annually the amount required to pay the cost of the benefit provided in this Part and shall certify such …
La. Rev. Stat. § 11:901.30 Old age assistance, teachers entitled to receive; computation and amounts of benefits
1.6K chars
§901.30. Old age assistance, teachers entitled to receive; computation and amounts of benefits The moneys allocated by R.S. 11:901.28 shall be further used to provide old age assistance for any person who served as house mother in any dormitory of a state supported college of Lou…
La. Rev. Stat. § 11:901.31 Disability benefits, teachers entitled to receive; computation and amount of benefit
1.3K chars
§901.31. Disability benefits, teachers entitled to receive; computation and amount of benefit The moneys dedicated by R.S. 11:901.28 shall also be used to provide for disability payments to any teacher: (1) Who is now, on account of physical or mental disability, totally and perm…
La. Rev. Stat. § 11:901.32 Prior service credit; teachers entitled to receive
2.0K chars
§901.32. Prior service credit; teachers entitled to receive The moneys dedicated by R.S. 11:901.28 shall further be used to provide prior service credit to any member of the teachers' retirement system of Louisiana: (1) Who has served as a teacher in the public schools or state e…
La. Rev. Stat. § 11:901.33 Administration of benefits
0.4K chars
§901.33. Administration of benefits The board of trustees of the teachers' retirement system of Louisiana shall administer all of the benefits provided by this law, including those benefits already accrued under and in accordance with Act 216 of the Legislature of Louisiana for t…
La. Rev. Stat. § 11:901.34 Determination of funds needed; payment from public school fund
0.7K chars
§901.34. Determination of funds needed; payment from public school fund The board of trustees of the teachers' retirement system shall determine annually the amount required to pay the cost of the benefits provided in this Part and shall certify this amount to the state auditor, …
La. Rev. Stat. § 11:901.35 Limitations of provisions
0.2K chars
§901.35. Limitations of provisions The provisions of this Part shall not apply to the Parish of Orleans. Redesignated from R.S. 17:761 pursuant to R.S. 24:253.
La. Rev. Stat. § 11:901.36 Disability payments to teachers; amount; parish school boards' authority to pay
1.4K chars
§901.36. Disability payments to teachers; amount; parish school boards' authority to pay Whenever a teacher acquires a disability or incapacitating condition and has been employed as a teacher in a particular parish for a period of twenty-five years or more, the parish school boa…
La. Rev. Stat. § 11:901.37 Retirement of teachers with disabilities by parish school boards; authority; amount of retirement benefits
1.5K chars
§901.37. Retirement of teachers with disabilities by parish school boards; authority; amount of retirement benefits A parish school board may, upon the application of a teacher with a disability or incapacitating condition, retire from regular duty the teacher who has been on act…
La. Rev. Stat. § 11:901.38 Parish school boards' authority to budget amount necessary for payment of benefits
0.3K chars
§901.38. Parish school boards' authority to budget amount necessary for payment of benefits Parish school boards are authorized to make adequate provision in their budgets to pay the benefits authorized by this Part. Redesignated from R.S. 17:764 pursuant to R.S. 24:253.
La. Rev. Stat. § 11:901.4 Budget requirements
1.2K chars
§901.4. Budget requirements Before an allotment from the appropriations made in this Subpart shall be available for expenditure by any agency of the state, the judiciary and legislative departments excepted, a quarterly budget shall have been submitted and approved in accordance …
La. Rev. Stat. § 11:901.5 Federal funds; bequests; earnings from trust funds
0.6K chars
§901.5. Federal funds; bequests; earnings from trust funds All money paid into the treasury of the state from federal subvention and grants and all bequests or earnings from trust funds shall be deemed to be available for expenditure beyond sums herein appropriated without specif…
La. Rev. Stat. § 11:901.6 Appropriations to follow transferred functions or activities
0.7K chars
§901.6. Appropriations to follow transferred functions or activities If any of the functions of the departments and agencies herein appropriated for shall be transferred to a different department or agency or departments or agencies, the appropriations herein made shall follow th…
La. Rev. Stat. § 11:901.7 Conformity to allotments by Director of the Budget; expenditures
0.6K chars
§901.7. Conformity to allotments by Director of the Budget; expenditures No expenditures shall be made pursuant to this Part except in accordance with allotments made by the Director of the Budget pursuant to work programs filed by each spending agency with the Director of the Bu…
La. Rev. Stat. § 11:901.8 Allocation of funds for supplement to teachers' retirement allowance; computation; eligibility
4.2K chars
§901.8. Allocation of funds for supplement to teachers' retirement allowance; computation; eligibility There is hereby dedicated or allocated out of the state public school fund of the state of Louisiana the sum of four hundred sixty thousand dollars annually, or so much thereof …
La. Rev. Stat. § 11:901.9 Administration of benefits
0.4K chars
§901.9. Administration of benefits The board of trustees of the teachers' retirement system of Louisiana under such rules and regulations as the said board of trustees may adopt, not inconsistent herewith, shall administer all the benefits provided by this Sub-part. Added by Acts…
La. Rev. Stat. § 11:921 Creation of plan
1.2K chars
§921. Creation of plan A. There is established an optional retirement plan for the following classes of employees covered by this Subpart who are eligible for membership in the Teachers' Retirement System of Louisiana: (1) The academic and administrative employees of public posts…
La. Rev. Stat. § 11:922 Purpose
0.3K chars
§922. Purpose The purpose of the optional retirement plan is to provide retirement and death benefits to the participants while affording the maximum portability of these benefits to the participants. Acts 1989, No. 90, §1; Redesignated from R.S. 17:772 by Acts 1991, No. 74, §3, …
La. Rev. Stat. § 11:923 Administration
0.3K chars
§923. Administration The Teachers' Retirement System of Louisiana or any successor shall provide for the administration and maintenance of the optional retirement plan. Acts 1989, No. 90, §1; Redesignated from R.S. 17:773 by Acts 1991, No. 74, §3, eff. June 25, 1991.
La. Rev. Stat. § 11:924 Criteria for placement of contracts
2.3K chars
§924. Criteria for placement of contracts The Board of Trustees of the Teachers' Retirement System of Louisiana shall select no more than three companies from which contracts will be purchased. In setting the criteria for this selection, the board shall consider, among other thin…
La. Rev. Stat. § 11:925 Eligibility
5.1K chars
§925. Eligibility A. Academic and administrative employees of public postsecondary education institutions and employees of the Board of Regents, Board of Supervisors for the University of Louisiana System, Board of Supervisors of Louisiana State University and Agricultural and Me…
La. Rev. Stat. § 11:926 Transfers
0.9K chars
§926. Transfers A. A current member in the Teachers' Retirement System of Louisiana who elects participation in the optional retirement plan shall have the right to have his accumulated employee contributions transferred to the optional retirement plan. Upon such election, the Te…
La. Rev. Stat. § 11:927 Contributions
8.7K chars
§927. Contributions A. Each participant shall contribute monthly to the optional retirement plan the same amount which the participant would be required to contribute to the regular retirement plan of the Teachers' Retirement System of Louisiana if the participant were a member o…
La. Rev. Stat. § 11:928 Limitations
2.2K chars
§928. Limitations Except as provided in R.S. 11:932, any person electing to participate in the optional retirement plan shall always be ineligible for membership in the regular retirement plan of the Teachers' Retirement System of Louisiana even if he is employed in a position co…
La. Rev. Stat. § 11:929 Benefits not obligation of the state; payment of benefits; eligibility in other plans
4.0K chars
§929. Benefits not obligation of the state; payment of benefits; eligibility in other plans A. Any person electing to participate in the optional retirement plan shall agree that the benefits payable to participants are not the obligations of the state of Louisiana or the Teacher…
La. Rev. Stat. § 11:930 Exemption from execution
0.6K chars
§930. Exemption from execution Annuity contracts issued under the optional retirement plan and all rights thereto of a participant in the optional retirement plan shall be exempt from any state or municipal tax, assessment for the insolvency of any life insurance company, any lev…
La. Rev. Stat. § 11:931 Implementation
1.2K chars
§931. Implementation A. The Board of Trustees of the Teachers' Retirement System of Louisiana shall implement the optional retirement plan no later than March 1, 1990, and the public institutions of higher education shall implement their optional retirement plans on July 1, 1990.…
La. Rev. Stat. § 11:932 Regular plan membership; irrevocable election
5.9K chars
§932. Regular plan membership; irrevocable election A.(1) Notwithstanding any provision of law to the contrary, any active contributing participant in the optional retirement plan on June 30, 2024, whose first employment making him eligible for participation in the optional retir…
La. Rev. Stat. § 11:933 Optional Retirement Plan Advisory Committee
2.1K chars
§933. Optional Retirement Plan Advisory Committee A. There is hereby established an advisory committee, to be known as the Optional Retirement Plan Advisory Committee. B. The advisory committee shall be comprised of the following members: (1) The president of each constitutionall…
La. Rev. Stat. § 11:941 American Football Coaches Retirement Trust
1.5K chars
§941. American Football Coaches Retirement Trust A.(1) The American Football Coaches Retirement Trust is hereby authorized as an optional retirement plan, for any person who is otherwise authorized by law to be a member of the Teachers' Retirement System of Louisiana by virtue of…
La. Rev. Stat. § 11:942.1 Creation of plan
1.1K chars
§942.1. Creation of plan A. There is hereby established an alternative contribution plan for certain members of the Teachers' Retirement System of Louisiana. Members who are covered under the provisions of R.S. 11:801 or 811, or both, shall not be eligible to participate in this …
La. Rev. Stat. § 11:942.2 Purpose
0.4K chars
§942.2. Purpose The purpose of the alternative contribution plan is to provide members an opportunity to achieve benefits by self-directing investments. Benefits shall be achieved by choosing investment products provided by outside vendors as provided in R.S. 11:942.3. Acts 2001,…
La. Rev. Stat. § 11:942.3 Criteria for placement of investments
1.0K chars
§942.3. Criteria for placement of investments The board of trustees of this system shall select in accordance with selection criteria established by the board, no more than three companies from which investment products will be chosen. In establishing the criteria for this select…
La. Rev. Stat. § 11:942.4 Contributions
1.2K chars
§942.4. Contributions A. Each participant shall contribute monthly to the alternative contribution plan six percent of his earnable compensation. These contributions may be made by employer pick-up in accordance with the provisions of Section 414(h)(2) of the United States Intern…
La. Rev. Stat. § 11:942.5 Transfers
0.4K chars
§942.5. Transfers Any current member of the regular plan who elects to participate in the alternative contribution plan as authorized by R.S. 11:942.1(C) shall have six percent of all of his salary that was previously reported to the Teachers' Retirement System transferred to his…
La. Rev. Stat. § 11:942.6 Limitations
0.3K chars
§942.6. Limitations A person electing to participate in the alternative contribution plan shall never be eligible to transfer out of the alternative contribution plan to become a member of the regular plan. Acts 2001, No. 1055, §1, eff. July 1, 2001.