Title 11, Consolidated Public Retirement
0 chapters · 1,796 sections in this title.
La. Rev. Stat. § 11:3045 Contributions by city
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§3045. Contributions by city A. The City shall make contributions to the system each year on an actuarially funded basis, towards the annuities and benefits herein provided. These contributions shall be equal to the sum of the following: (1) An amount resulting from the applicati…
La. Rev. Stat. § 11:3046 Tax levy
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§3046. Tax levy To meet the obligations of the City under this Part the Commission Council of the City of Bogalusa is hereby authorized to levy a special tax on all property subject to state taxation within the corporate limits of the City of Bogalusa in an amount not exceeding o…
La. Rev. Stat. § 11:3047 Administration
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§3047. Administration A.(1) The system shall be administered as a trust for the exclusive benefit of the employees by a retirement board consisting of three members to be selected and appointed in the following manner: One member shall be appointed by the Mayor of the City, one m…
La. Rev. Stat. § 11:3048 Records and accounts
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§3048. Records and accounts A. Proper and adequate records and accounts shall be established and maintained which will give full effect to the requirements of this Part. An annual audit of the books, accounts and records of the system shall be made by a certified public accountan…
La. Rev. Stat. § 11:3049 Management of funds
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§3049. Management of funds A. The board of trustees shall be the trustees of the fund created by this Chapter as provided in R.S. 11:3047 and of various accounts authorized by R.S. 11:3048(A) and shall have full power to invest and reinvest such funds in accordance with provision…
La. Rev. Stat. § 11:305 Repealed by Acts 2011, No
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§305. Repealed by Acts 2011, No. 207, §1.
La. Rev. Stat. § 11:3050 Cost-of-living adjustments
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§3050. Cost-of-living adjustments The retirement board may provide from interest income from investments in excess of normal requirements as determined by actuarial study, provided the retirement system is approaching actuarial soundness, annual cost-of-living adjustments to reci…
La. Rev. Stat. § 11:3051 Assignment prohibited
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§3051. Assignment prohibited The right of a person to an annuity, a pension or any other benefit or refund, or any right accrued or accruing to any member or beneficiary under the provisions of this system, and the monies belonging to the system, shall be unassignable and shall n…
La. Rev. Stat. § 11:3052 Error
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§3052. Error Should any change or error in the records result in any member or beneficiary receiving from the system more or less than he would have been entitled to receive had the record been correct, or a mistake not made, the board shall correct such error and as far as pract…
La. Rev. Stat. § 11:3053 Legislative intent
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§3053. Legislative intent It is the legislative intent and purpose of this Part to provide certain retirement, disability, death and other benefits to appointive officers and employees of the City in the amounts and under the terms and conditions herein set forth. It is the furth…
La. Rev. Stat. § 11:306 Repealed by Acts 2011, No
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§306. Repealed by Acts 2011, No. 207, §1.
La. Rev. Stat. § 11:307 Repealed by Acts 2011, No
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§307. Repealed by Acts 2011, No. 207, §1.
La. Rev. Stat. § 11:308 Repealed by Acts 2011, No
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§308. Repealed by Acts 2011, No. 207, §1.
La. Rev. Stat. § 11:309 Repealed by Acts 2011, No
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§309. Repealed by Acts 2011, No. 207, §1.
La. Rev. Stat. § 11:3101 Firemen's pension and relief fund for the city of Alexandria; creation
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§3101. Firemen's pension and relief fund for the city of Alexandria; creation There is hereby created a Firemen's Pension and Relief Fund for the City of Alexandria, and a board of trustees, to administer and disburse the fund, in order to provide for the pensioning of members of…
La. Rev. Stat. § 11:3102 Composition of the fund
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§3102. Composition of the fund From July 31, 1940, the funds, proceeds, and revenues hereinafter provided for shall constitute the Firemen's Pension and Relief Fund of the City of Alexandria, to be used for the purposes set forth in R.S. 11:3101, and in accordance with the provis…
La. Rev. Stat. § 11:3103 Control and management
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§3103. Control and management A. Said fund shall be under the control and management of and shall be administered by, a Board of Trustees composed as hereinafter set forth. B.(1) The said Board of Trustees shall have control and management of said Firemen's Pension and Relief Fun…
La. Rev. Stat. § 11:3104 Board of Trustees; composition
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§3104. Board of Trustees; composition A. The said Board of Trustees above mentioned shall be composed of seven members as follows: (1) The Mayor, or Chief Executive of the City. (2) The Secretary-Treasurer of the City, who shall be the Treasurer thereof. (3) Five active members o…
La. Rev. Stat. § 11:3105 Members from fire departments; election; qualifications to vote
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§3105. Members from fire departments; election; qualifications to vote The five members to be selected from the Fire Department shall be elected on the last Monday in June by secret ballot of the active members of the said Fire Department. No fireman shall be eligible to vote in …
La. Rev. Stat. § 11:3106 Treasurer; duties; bond
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§3106. Treasurer; duties; bond The said Secretary-Treasurer of the City shall be the Treasurer of said Board of Trustees and custodian of all funds belonging to said Pension Relief Fund. He shall deposit the funds in such depositories as may be designated by said Board, and shall…
La. Rev. Stat. § 11:3107 Board of trustees; duties
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§3107. Board of trustees; duties The board of trustees shall have the power, and it shall be its duty to: (1) Make all rules and regulations necessary to the proper administration of said Fund under the provisions of the law. (2) Retain such legal, medical, clerical, or other ser…
La. Rev. Stat. § 11:3108 Secretary; duties; powers
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§3108. Secretary; duties; powers The Secretary of the said Board of Trustees shall keep in books, provided for the purpose, a full and complete record of all proceedings of the Board of Trustees, particularly with reference to investment of funds belonging to the said Pension and…
La. Rev. Stat. § 11:3109 Salary deductions paid into the fund; contributions by the city
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§3109. Salary deductions paid into the fund; contributions by the city The Firemen's Pension and Relief Fund shall consist of the following: (1) The proceeds of the sale of condemned property owned and used by the fire department. (2) All rewards, gifts or emoluments that may be …
La. Rev. Stat. § 11:311 Purpose
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§311. Purpose The purpose of this Subpart is to assure the members and retirees of the state and statewide retirement systems, the state and her political subdivisions as employers, and the taxpayers of Louisiana that the monies held in trust for the benefit of public employees a…
La. Rev. Stat. § 11:3110 Investments
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§3110. Investments The said Board of Trustees 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, and having so determined, i…
La. Rev. Stat. § 11:3111 Exemption from seizure and attachment
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§3111. Exemption from seizure and attachment Except as provided in R.S. 11:292, no portion of the Firemen's Pension and Relief 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 …
La. Rev. Stat. § 11:3112 Pro rata payments; record of unpaid benefits
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§3112. Pro rata payments; record of unpaid benefits If at any time there shall not be sufficient funds in said Firemen's Pension and Relief Fund subject to disbursement to pay each person entitled to the benefits herein provided, then such monthly payment or payments shall be mad…
La. Rev. Stat. § 11:3113 Pensions and benefits
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§3113. Pensions and benefits Pensions and benefits payable out of said fund shall be as follows: (1) If a member of said fire department becomes disabled for service by reason of an accident arising out of his service as a fireman or becomes disabled for services therein for caus…
La. Rev. Stat. § 11:3114 Initial contribution by city; accumulation of funds; how payments are made
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§3114. Initial contribution by city; accumulation of funds; how payments are made (1) The first payment or contribution to be made by the city of Alexandria shall be paid as soon as the first board of trustees shall have been elected and has begun to function, the payment to be f…
La. Rev. Stat. § 11:3115 Separation from service
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§3115. Separation from service 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 and…
La. Rev. Stat. § 11:3116 Military service credit
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§3116. Military service credit That 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. "Service" in said Fire Department as used in this Part shall also include any activity wh…
La. Rev. Stat. § 11:3117 Authority to alienate property
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§3117. Authority to alienate property Said Board of Trustees shall have, and the same is hereby granted, 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…
La. Rev. Stat. § 11:3118 Exemption of benefits
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§3118. Exemption of benefits Any annuity, retirement allowance or benefits, or refund of contributions, or any optional benefit or any other benefit paid to any person under the provisions of the Firemen's Pension and Relief Fund for the city of Alexandria is exempt from any stat…
La. Rev. Stat. § 11:312 Application, definitions
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§312. Application, definitions A. The provisions of this Subpart shall apply to the following public retirement or pension systems, plans, or funds: (1) Assessors' Retirement Fund. (2) Clerks' of Court Retirement and Relief Fund. (3) District Attorneys' Retirement System. (4) Fir…
La. Rev. Stat. § 11:313 Prudent-man rule; investments
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§313. Prudent-man rule; investments Notwithstanding the prudent-man rule, a system board of trustees may but is not required to divest itself of any holding in a company having facilities or employees, or both, located in a prohibited nation as that term is defined in R.S. 11:312…
La. Rev. Stat. § 11:3131 Firemen's Pension and Relief Fund for the consolidated fire districts of Bastrop; creation
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§3131. Firemen's Pension and Relief Fund for the consolidated fire districts of Bastrop; creation There is hereby created a Firemen's Pension and Relief Fund for the consolidated fire districts of Bastrop, Louisiana, and a public corporation to be known as the Board of Trustees o…
La. Rev. Stat. § 11:3132 Composition of the fund
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§3132. Composition of the fund From July 26, 1972, all funds, monies, proceeds, and revenues hereafter provided for shall constitute and be "The Firemen's Pension and Relief Fund of the consolidated fire districts of Bastrop, Louisiana", embracing Bastrop for the pensioning of me…
La. Rev. Stat. § 11:3133 Control and management
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§3133. Control and management The Fund as above constituted and established shall be controlled, managed and administered by the board of trustees herein provided for. Designated from Acts 1972, No. 23, §4 by Acts 1991, No. 74, §3, eff. June 25, 1991.
La. Rev. Stat. § 11:3134 Board of trustees; composition
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§3134. Board of trustees; composition The board of trustees shall be composed of five members, consisting of the Mayor who shall be president of the Board, two members of the Board of Aldermen who shall be chosen by that body; one active fireman below the rank of Captain; and one…
La. Rev. Stat. § 11:3135 Members of fire departments; qualifications
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§3135. Members of fire departments; qualifications Members of the said fire department, as used in this Firemen's Pension and Relief Act, shall constitute every man actively in the employ of said Fire Department of the City of Bastrop, Louisiana and who is qualified under the civ…
La. Rev. Stat. § 11:3136 Board of trustees; rules and regulations; meetings
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§3136. Board of trustees; rules and regulations; meetings A. The board of trustees shall have exclusive control and management of the Firemen's Pension and Relief Fund and shall make all necessary and pertinent rules and regulations for the proper administration of said Fund; sha…
La. Rev. Stat. § 11:3137 Board of trustees; duties; powers
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§3137. Board of trustees; duties; powers The board of trustees shall have the power and it shall be its duty to: (1) Make all rules and regulations necessary to the proper conduct of the business of the Fund under the provisions of the law. (2) Retain such legal, medical, clerica…
La. Rev. Stat. § 11:3138 Salary deductions paid into the fund; contributions by the city
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§3138. Salary deductions paid into the fund; contributions by the city The Firemen's Pension and Relief Fund shall consist of the following: (1) All rewards, gifts or emoluments that may be paid or given for or on account of extraordinary service of said fire department, except w…
La. Rev. Stat. § 11:3139 Fiscal affairs of the fund; investments
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§3139. Fiscal affairs of the fund; investments The board of trustees 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, and …
La. Rev. Stat. § 11:314 Constructive engagement; direct ownership of securities
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§314. Constructive engagement; direct ownership of securities A. Each system, plan, or fund, referred to in this Section as "system", to which this Subpart applies shall adopt and implement a corporate governance strategy of constructive engagement of each company, in which the s…
La. Rev. Stat. § 11:3140 Exemption from seizure and attachment
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§3140. Exemption from seizure and attachment Except as provided in R.S. 11:292, no portion of the Firemen's Pension and Relief 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 …
La. Rev. Stat. § 11:3141 Cost-of-living increases
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§3141. Cost-of-living increases Notwithstanding any other provision of law to the contrary, the city of Bastrop shall pay, out of the annual revenues of the General Alimony Tax or the dedicated Fire Department millage tax of the consolidated fire districts of the city of Bastrop,…
La. Rev. Stat. § 11:3142 Transfer from other plan or fund
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§3142. Transfer from other plan or fund All Bastrop fire department employees who are secured benefits under the provisions of this plan shall, on July 26, 1972, thenceforth and immediately thereupon cease to be eligible for benefits under any other City or State pension and reli…
La. Rev. Stat. § 11:3143 Pensions and benefits
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§3143. Pensions and benefits Pensions and benefits shall be as follows: (1) If any member of the fire department who has been in the active service of the fire department for a period of at least six months, is found by the board of trustees to be totally physically or mentally d…
La. Rev. Stat. § 11:3144 Separation from service
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§3144. Separation from service (1) In the event a member of the fire department becomes separated from the service in said fire department before being eligible for pension, his salary deductions shall be returned to him, without interest. (2) In the event a member of the fire de…