™Your Policy Risk Impact Agent
0 chapters · 1,663 sections in this title.
La. Rev. Stat. § 11:1577 Benefit provided
1.6K chars
§1577. Benefit provided A. An excess benefit participant who is receiving benefits from the pension plan is entitled to a monthly benefit under this excess benefit plan in an amount equal to the lesser of: (1) The member's unrestricted benefit less the maximum benefit. (2) The am…
La. Rev. Stat. § 11:1578 Contributions
1.7K chars
§1578. Contributions Contributions may not be accumulated under this excess benefit plan to pay future retirement benefits. Instead, each payment of contributions by the employer that would otherwise be made to the pension plan shall be reduced by the amount determined by the boa…
La. Rev. Stat. § 11:158 Purchase of service credit in public retirement systems; price
2.9K chars
§158. Purchase of service credit in public retirement systems; price A.(1) Effective July 1, 1986, the provisions of this Section shall govern the payment required with respect to the otherwise authorized purchase of service credit in the public retirement or pension systems, fun…
La. Rev. Stat. § 11:1581 Definitions
7.8K chars
§1581. Definitions The following words and phrases, as used in this Chapter, unless a different meaning is plainly required by the context, shall have the following meanings: (1) "Accumulated contributions" shall mean the sum of all the amounts deducted from the compensation of a…
La. Rev. Stat. § 11:1582 Name and date of establishment
0.8K chars
§1582. Name and date of establishment A. A retirement system is hereby established and placed under the management of the board of trustees for the purpose of providing retirement allowances and other benefits under the provisions of this Chapter for district attorneys and their …
La. Rev. Stat. § 11:1583 Exemption from taxes and execution
0.8K chars
§1583. Exemption from taxes and execution The right of a person to a pension, an annuity, or a retirement allowance, to the return of contributions, the pension, annuity, or retirement allowance itself, any optional benefit or any other right accrued or accruing to any person und…
La. Rev. Stat. § 11:1584 Protection against fraud
1.1K chars
§1584. Protection against fraud Any persons who shall knowingly make any false statement or shall falsify or permit to be falsified any record or records of this retirement system in any attempt to defraud such system as a result of such act shall be guilty of a misdemeanor, and …
La. Rev. Stat. § 11:1585 Limitation of membership
0.5K chars
§1585. Limitation of membership No other provisions of law in any other statute which provides wholly or partly at the expense of the state of Louisiana for pensions or retirement benefits for employees of the several parishes or any parish of the state of Louisiana, their widows…
La. Rev. Stat. § 11:1586 Guaranty
0.7K chars
§1586. Guaranty The maintenance of annuity reserves and pension reserves as provided for, and regular interest creditable to the various funds as provided in Part VII of this Chapter, and the payment of all pensions, annuities, retirement allowance refunds and other benefits gran…
La. Rev. Stat. § 11:1587 Severability; repeals; effective date
0.7K chars
§1587. Severability; repeals; effective date If any Section or part of any Section of this Chapter is declared to be unconstitutional, the remainder of this Chapter shall not thereby be invalidated. All provisions of the law inconsistent with the provisions of this Chapter are he…
La. Rev. Stat. § 11:1588 Amendment of provisions of retirement system
2.2K chars
§1588. Amendment of provisions of retirement system A. The provisions of the retirement system may be amended by action of the legislature in the same manner as any other statute may be amended by the legislature. In addition, action by the board of trustees with respect to the p…
La. Rev. Stat. § 11:1589 Overpayment of benefits; corrections; repayment
2.4K chars
§1589. Overpayment of benefits; corrections; repayment A. The director may correct any administrative error and make all adjustments relative to such correction as provided in Subsection C of this Section. The director shall correct such error based solely on sufficient documenta…
La. Rev. Stat. § 11:159 State superintendent of education; commissioner of higher education; participation
0.6K chars
§159. State superintendent of education; commissioner of higher education; participation The state superintendent of education and the commissioner of higher education shall not be required to participate in any public retirement system; however, they shall have the option of ret…
La. Rev. Stat. § 11:160 Members employed in other public employment
1.0K chars
§160. Members employed in other public employment Any person who is a member of the Louisiana State Employees' Retirement System, who has creditable membership service of at least ten years in this system, and who becomes an employee of a political subdivision where he is no long…
La. Rev. Stat. § 11:1601 Membership; condition of employment; exceptions
2.9K chars
§1601. Membership; condition of employment; exceptions The membership of the retirement system shall be composed as follows: (1) All persons who shall become employees as defined in R.S. 11:1581(10), after the date on which the retirement system is established, except those speci…
La. Rev. Stat. § 11:1602 Persons failing to elect coverage; admission to membership; election to become member
0.6K chars
§1602. Persons failing to elect coverage; admission to membership; election to become member A person whose membership in this retirement system is contingent on his own election and who elects not to become a member, may thereafter but not subsequent to the attainment of age fif…
La. Rev. Stat. § 11:1603 Termination of membership
0.4K chars
§1603. Termination of membership Should any member terminate employment which makes him eligible for membership, he shall cease to be an active member in the District Attorneys' Retirement System. Added by Acts 1956, No. 56, §3(5); Redesignated from R.S. 16:1023 by Acts 1991, No.…
La. Rev. Stat. § 11:161 Members employed in other state or public employment
0.7K chars
§161. Members employed in other state or public employment Notwithstanding any provision of law to the contrary, when a state employee who is in the classified service is granted an unpaid leave of absence for the purpose of allowing that employee to accept another position of st…
La. Rev. Stat. § 11:1611 Prior service credit; determination
2.6K chars
§1611. Prior service credit; determination A. Any person who becomes a member of the system within the first two years of its operation and who was employed by the state of Louisiana, or a parish of the state or a municipality of any parish of the state of Louisiana or any politi…
La. Rev. Stat. § 11:1612 Employees of Louisiana District Attorneys' Association; prior service credit
1.5K chars
§1612. Employees of Louisiana District Attorneys' Association; prior service credit A. Any employee of the Louisiana District Attorneys' Association shall be eligible to receive prior service credit for all service rendered as such an employee prior to the date as of which such e…
La. Rev. Stat. § 11:1613 Verification of creditable service; modification and validity
1.3K chars
§1613. Verification of creditable service; modification and validity A. Subject to the above restrictions and to such other rules and regulations as the board of trustees may adopt, the board of trustees shall verify, as soon as practicable after the filing of such statements of …
La. Rev. Stat. § 11:1614 Service on which retirement allowances are based
3.2K chars
§1614. Service on which retirement allowances are based A. Creditable service at retirement on which the retirement allowance of a member shall be based shall consist of the membership service rendered by him since he last became a member, and, also, if he has a prior service cer…
La. Rev. Stat. § 11:1615 Transfer of service credit; purchase of accrual rate
1.0K chars
§1615. Transfer of service credit; purchase of accrual rate Notwithstanding any provision of R.S. 11:143(D), any member of this system who, pursuant to R.S. 11:143, transfers service credit from another retirement system, fund, or plan at an accrual rate lower than the accrual ra…
La. Rev. Stat. § 11:1617 Service credit resulting from age discrimination
1.0K chars
§1617. Service credit resulting from age discrimination A. Any person who retired from this system and was reemployed in a capacity as a district attorney or assistant district attorney but was denied membership in this system based on provisions of law regarding age requirements…
La. Rev. Stat. § 11:162 Classes of employees not eligible for membership
2.7K chars
§162. Classes of employees not eligible for membership A. The provisions of this Section shall apply to the Louisiana State Employees' Retirement System, the Teachers' Retirement System of Louisiana, the Louisiana State Police Retirement System, and the Louisiana School Employees…
La. Rev. Stat. § 11:163 Credit for involuntary furlough; credit for leave without pay
4.6K chars
§163. Credit for involuntary furlough; credit for leave without pay A.(1) Any member of a state or statewide public retirement system who is involuntarily furloughed without pay due to the temporary closure of his employer or involuntarily furloughed or placed on leave without pa…
La. Rev. Stat. § 11:163.1 Voluntary or involuntary furlough; service credit; continuation of contributions
3.0K chars
§163.1. Voluntary or involuntary furlough; service credit; continuation of contributions A. The provisions of this Section shall apply to the following state retirement systems: (1) Louisiana State Employees' Retirement System. (2) Teachers' Retirement System of Louisiana. B. Any…
La. Rev. Stat. § 11:163.2 Involuntary furlough; service and salary credit; credit for leave without pay
2.3K chars
§163.2. Involuntary furlough; service and salary credit; credit for leave without pay A.(1) Any member of the Municipal Employees' Retirement System of Louisiana who, due to the COVID-19 pandemic, was involuntarily furloughed without pay due to a reduction-in-force of his employe…
La. Rev. Stat. § 11:1631 Retirement benefits; application; eligibility requirements
5.1K chars
§1631. Retirement benefits; application; eligibility requirements A. Each member shall be paid retirement benefits according to the eligibility requirements and benefits specified in R.S. 11:1632 or R.S. 11:1633, whichever is applicable. B.(1) Any person becoming a member of the …
La. Rev. Stat. § 11:1632 Retirement eligibility; benefits at three percent
14.6K chars
§1632. Retirement eligibility; benefits at three percent A. Eligibility. (1) Any member who shall not have received a refund of his accumulated contributions and has ten years of creditable service prior to age fifty-five and has withdrawn from service prior to age fifty-five sha…
La. Rev. Stat. § 11:1633 Retirement eligibility; benefits at three and one-half percent
1.9K chars
§1633. Retirement eligibility; benefits at three and one-half percent A. Eligibility. (1) Normal Retirement Eligibility. Any member retiring under the provisions of this Section who withdraws from service shall be eligible to retire provided that the member has: (a) Attained age …
La. Rev. Stat. § 11:1634 Disability retirement
2.3K chars
§1634. Disability retirement 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 benefits, and p…
La. Rev. Stat. § 11:1635 Return of accumulated contributions
5.6K chars
§1635. Return of accumulated contributions A. Should a member cease to be an employee except by death or retirement under the provisions of this Chapter, he shall be paid such part of the amount of the accumulated contributions standing to the credit of his individual account in …
La. Rev. Stat. § 11:1636 Survivors' benefits
6.1K chars
§1636. Survivors' benefits A. Upon the death of any active contributing member with less than five years of creditable service, his accumulated contributions and interest thereon shall be paid to his surviving spouse if he is married, otherwise to his designated beneficiary if an…
La. Rev. Stat. § 11:1637 Optional allowances
1.9K chars
§1637. Optional allowances With the provisions that no optional selection shall be effective in case a beneficiary dies within thirty days after retirement, and that such a beneficiary shall be considered as an active member at the time of death; until the first payment on accoun…
La. Rev. Stat. § 11:1638 Cost-of-living increase of benefits
1.7K chars
§1638. Cost-of-living increase of benefits A. Six months after the end of the system's fiscal year, the board of trustees is authorized to use interest earnings on investments of the system in excess of normal requirements, as determined by the actuary, to provide a cost-of-livin…
La. Rev. Stat. § 11:164 Part-time public officials
2.0K chars
§164. Part-time public officials A. Except as provided in Subsection B of this Section, the following elected or appointed officials are hereby deemed to be part-time public servants who, based on such part-time service, shall not participate in, or receive credit for service in,…
La. Rev. Stat. § 11:1644 Back-Deferred Retirement Option Program
6.6K chars
§1644. Back-Deferred Retirement Option Program A.(1) There is hereby created a program named the "Back-Deferred Retirement Option Program" which may be referred to in this Chapter as "Back-DROP". (2)(a) In lieu of receiving a service retirement allowance pursuant to this Chapter,…
La. Rev. Stat. § 11:1645 Excess benefit arrangement
3.1K chars
§1645. Excess benefit arrangement A. A separate, nonqualified, unfunded excess benefit arrangement is hereby created outside the trust fund of the retirement system. This excess benefit arrangement shall be administered as a governmental excess benefit arrangement under 26 U.S.C.…
La. Rev. Stat. § 11:1646 Reversion of funds prohibited
1.3K chars
§1646. Reversion of funds prohibited A. Plan assets shall not be used for, or diverted to, any person or purpose other than for the exclusive benefit of the members and their beneficiaries, except that contributions made by the employer may be returned to the employer if the cont…
La. Rev. Stat. § 11:165 Funds or benefits payable to a succession
0.5K chars
§165. Funds or benefits payable to a succession When funds or benefits are payable to the succession of a deceased member or retiree of a state or statewide retirement system, the retirement system shall be considered an employer for purposes of R.S. 9:1515, and the funds or bene…
La. Rev. Stat. § 11:1651 Board of trustees; membership; vacancies; compensation
2.5K chars
§1651. Board of trustees; membership; vacancies; compensation A. The general administration and responsibility for the proper operation of the retirement system and for making effective the provisions of this Chapter are hereby vested in a board of trustees. B. The board shall co…
La. Rev. Stat. § 11:1652 Trustees; oath of office; voting powers
0.8K chars
§1652. Trustees; oath of office; voting powers A. Each trustee shall, within ten days after his appointment or election, take an oath of office that, so far as it devolves upon him, he will diligently and honestly administer the affairs of the said board, and that he will not kno…
La. Rev. Stat. § 11:1653 Board of trustees; rules and regulations
0.4K chars
§1653. Board of trustees; rules and regulations Subject to the limitations of this Chapter, the board of trustees shall, from time to time, establish rules and regulations for the administration of the funds created by this Chapter for the transaction of its business. Added by Ac…
La. Rev. Stat. § 11:1654 Board of trustees; officers and employees; compensation
0.8K chars
§1654. Board of trustees; officers and employees; compensation The board of trustees shall elect from its membership a chairman and shall by a majority vote of all of its members appoint a secretary-manager, who may be, but need not be, one of its members. The board of trustees s…
La. Rev. Stat. § 11:1655 Board of trustees; duty to keep records and other information
0.9K chars
§1655. Board of trustees; duty to keep records and other information A. The board of trustees shall keep in convenient form such data as shall be necessary for actuarial valuation of the various funds of the retirement system and for checking the experience of the system. B. The …
La. Rev. Stat. § 11:1656 Medical board; appointment; duties and powers
0.8K chars
§1656. Medical board; appointment; duties and powers The board of trustees shall designate a medical board to be composed of three physicians not eligible to participate in the retirement system. If required, other physicians may be employed to report on special cases. The medica…
La. Rev. Stat. § 11:1657 Actuary; appointment; duties and powers
2.0K chars
§1657. Actuary; appointment; duties and powers A. The board of trustees shall designate an actuary who shall be the technical advisor of the board of trustees on matters regarding the operation of the funds created by the provisions of this Chapter, and shall perform such other d…
La. Rev. Stat. § 11:1658 Employer contributions; maintaining rates; increasing rates; reducing rate decreases
1.1K chars
§1658. Employer contributions; maintaining rates; increasing rates; reducing rate decreases A. Notwithstanding the provisions of R.S. 11:103 and 104, in any fiscal year the board of trustees is authorized to take any of the following actions: (1) Maintain the net direct employer …
La. Rev. Stat. § 11:1659 Funding deposit account
2.3K chars
§1659. Funding deposit account A.(1) There shall be established a funding deposit account for the system. The account shall be credited and charged as provided in this Section. (2) Notwithstanding any provision of law to the contrary, for any fiscal year in which the board of tru…
