reglab/housing_qa huggingface dataset:
LA Rev Stat § 11:266 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§266. Investment performance standards

RS 266 - Investment performance standards A. The provisions of this Section shall be applicable to all Louisiana public retirement or pension systems, funds, and plans, and shall not apply to any investment manager or investment advisor who does not have an office for investment managers or investment advisors domiciled in the United States. B. Investment performance reports submitted by any investment manager or investment advisor of any entity covered by Subsection A of this Section shall be in compliance with the current Performance Presentation Standards as amended and published by the Association for Investment Management and Research or any successor entity. C.(1) Investment performance composite data submitted in response to a request for proposal or any other solicitation or selection process used by any system, fund, or plan covered by this Section for hiring an investment manager or investment advisor shall be in compliance with the current Performance Presentation Standards as amended and published by the Association for Investment Management and Research or any successor entity. (2) Each such system, plan, or fund shall require, at least annually, the investment managers or investment advisors employed or otherwise retained by such system, plan, or fund to submit investment performance composite data, which contains such systems, plans, or funds portfolio that is subject to a Level I verification as defined in the Performance Presentation Standards as amended and published by the Association for Investment Management and Research or any successor entity. D. The Investment Performance Standards required in Subsections B and C of this Section shall not be required for investments in limited partnerships, limited liability partnerships, private placements, and natural resource portfolios. Acts 1995, No. 866, §1, eff. Dec. 31, 1995; Acts 2005, No. 9, §1, eff. May 27, 2005.
LA Rev Stat § 11:267 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§267. Repealed by Acts 2010, No. 1004, §2, eff. July 1 , 2010.

RS 267 - Repealed by Acts 2010, No. 1004, §2, eff. July 1 , 2010.
LA Rev Stat § 11:268 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§268. Repealed by Acts 2010, No. 1004, §2, eff. July 1 , 2010.

RS 268 - Repealed by Acts 2010, No. 1004, §2, eff. July 1 , 2010.
LA Rev Stat § 11:269 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§269. Disclosure; consultants; money managers

RS 269 - Disclosure; consultants; money managers A.(1) Consultants and money managers shall provide full disclosure to the sponsor of each Louisiana public retirement or pension system, plan, or fund of conflicts of interest, including non-pension sponsor sources of revenue. Consultants also shall provide full disclosure of any payments they receive from money managers, in hard or soft dollars, for any services they provide, including but not limited to performance measurement, business consulting, and education. (2) Each consultant and money manager shall submit a written disclosure report semiannually to each system beginning July 1, 2005. A report shall be submitted regardless of whether the consultant or money manager has any conflict or payment to report. Should a reportable agreement be confected during any reporting period, the consultant or money manager shall notify the system of the agreement within seven business days. B.(1) Any consultant or money manager found to be in violation of Subsection A of this Section shall pay to the system, plan, or fund an amount of money equal to the value of the revenue or payments he failed to disclose together with any damages caused by the failure to disclose. Additionally, if the failure to disclose is intentional, the consultant or money manager shall pay to the system an amount equal to three times the value of the revenue or payment he failed to disclose as a penalty, in addition to any damages actually caused by the failure to disclose. (2) If the consultant or money manager provides services for more than one Louisiana public retirement or pension system, plan, or fund, the amounts in Paragraph (1) of this Subsection shall be paid to each such system to which he fails to make the required disclosure. Acts 2004, No. 686, §1, eff. July 5, 2004; Acts 2005, No. 9, §1, eff. May 27, 2005.
LA Rev Stat § 11:271 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§271. Purpose; elimination of unfunded accrued liability

RS 271 - Purpose; elimination of unfunded accrued liability  A. It is recognized that the legislative and executive branches of state government bear a responsibility with respect to the fiscal integrity of the state; that, in connection therewith, it is imperative that the public retirement systems of the state be maintained on a sound actuarial basis, and that such maintenance requires that the unfunded accrued liability of these systems be eliminated. The purpose of this Section is to provide for the furnishing of accurate actuarial data in order to facilitate the effective execution of this responsibility. B. The provisions of this Section are applicable to the following public retirement systems:  (1) Assessors' Retirement Fund.  (2) Clerks of Court Retirement and Relief Fund.  (3) District Attorneys' Retirement System.  (4) Firefighters' Retirement System.  (5) Louisiana School Employees' Retirement System.  (6) Louisiana State Employees' Retirement System.  (7) Municipal Employees' Retirement System of Louisiana.  (8) Municipal Police Employees' Retirement System.  (9) Parochial Employees' Retirement System of Louisiana. (10) Registrars of Voters Employees' Retirement System. (11) Sheriffs' Pension and Relief Fund. (12) Louisiana State Police Retirement System.  (13) Teachers' Retirement System of Louisiana. C.(1) On an annual fiscal year basis, at least ninety days prior to the convening of the legislature in regular session, using calculation methods and forms prescribed by the legislative auditor, the governing authority of each public retirement system referenced in Subsection B hereof shall submit to the legislative auditor the amount of funding, stated as a percentage of payroll, which is necessary to meet the system's normal cost and to amortize, at the valuation rate of interest, the system's unfunded accrued liability over a thirty-year period. (2) The legislative auditor shall review, and, when necessary, revise, and submit same to the governor and the legislature, along with his certification of the correctness thereof, and a report detailing the financial and actuarial history of the system and his recommendations relative thereto. Acts 1984, No. 307, §1; Redesignated from R.S. 42:719 by Acts 1991, No. 74, §3, eff. June 25, 1991; Acts 2012, No. 227, §1.
LA Rev Stat § 11:272 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§272. Early retirement eligibility

RS 272 - Early retirement eligibility A. Notwithstanding any other provision of law to the contrary, the provisions of this Section shall be applicable to all members of the following public retirement systems: (1) Louisiana State Employees' Retirement System, (2) Louisiana State Police Retirement System, (3) Louisiana School Employees' Retirement System, (4) Teachers' Retirement System of Louisiana, (5) Assessors' Retirement Fund, (6) Clerks' of Court Retirement and Relief Fund, (7) District Attorneys' Retirement System, (8) Municipal Employees' Retirement System of Louisiana, (9) Municipal Police Employees' Retirement System, (10) Firefighters' Retirement System, (11) Parochial Employees' Retirement System of Louisiana, (12) Registrar of Voters Employees' Retirement System, and (13) Sheriffs' Pension and Relief Fund. B. Any member who, on September 1, 1985, has earned sufficient service credit to be eligible for a normal retirement on or before August 31, 1995, but has not, on September 1, 1985, attained the normal retirement age, shall, during the ten year period from September 1, 1985, through August 31, 1995, be eligible for an early retirement, regardless of age, with benefits reduced to a level which would be actuarially equivalent to a retirement at the normal retirement age using the normal retirement formula. C. The actuary for each of the systems specified in Subsection A of this Section shall develop reduction factors for use in computing the reduced benefit applicable to early retirement. However, in no event shall such benefit reduction be less than one percent for each calendar quarter by which the effective date of retirement is advanced before normal retirement eligibility. D. Any member who, on January 1, 1982, had earned ten years of service credit, shall be eligible for an early retirement, regardless of age, with benefits reduced to a level which would be actuarially equivalent to a retirement at the normal retirement age using the normal retirement formula and subject to the provisions contained in Subsection C of this Section. E. Notwithstanding any provision of law to the contrary, service credit originally earned on or before September 1, 1985, in a retirement system named in Subsection A of this Section shall be utilized to determine applicability of the provisions of Subsection B of this Section, even if the member received a refund of contributions for such service, provided that the member has repaid the refund prior to application for retirement. Acts 1985, No. 154, §1, eff. July 6, 1985; Redesignated from R.S. 42:720 by Acts 1991, No. 74, §3, eff. June 25, 1991; Acts 1995, No. 132, §1; Acts 2012, No. 227, §1; Acts 2012, No. 479, §1, eff. Dec. 10, 2012.
LA Rev Stat § 11:281 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§281. Failure to timely remit contributions; effect

RS 281 - Failure to timely remit contributions; effect A. Notwithstanding any other provisions of law to the contrary, the provisions of this Section shall be applicable to all members of the following public retirement systems: (1) Louisiana State Employees' Retirement System. (2) Louisiana School Employees' Retirement System. (3) Teachers' Retirement System of Louisiana. (4) Assessors' Retirement Fund. (5) Clerks' of Court Retirement and Relief Fund. (6) District Attorneys' Retirement System. (7) Firefighters' Retirement System. (8) Municipal Employees' Retirement System of Louisiana. (9) Municipal Police Employees' Retirement System. (10) Parochial Employees' Retirement System of Louisiana. (11) Registrars of Voters Employees' Retirement System. (12) Sheriffs' Pension and Relief Fund. B.(1) Except as provided in Paragraph (2) of this Subsection, all payments of employers' contributions and employees' contributions, including any payments due from the state of Louisiana which are paid after becoming delinquent, shall include interest to be paid to the retirement system at the rate of legal interest computed from the date the payment became delinquent. (2) For any employer who is unable to make the required contributions on a timely basis as a consequence of Hurricane Katrina or Rita, or both, no interest shall be assessed or payable on contributions which were due for August or September 2005, for the first two months of delinquency. Acts 1988, No. 301, §1; Redesignated from R.S. 42:720.30 by Acts 1991, No. 74, §3, eff. June 25, 1991; Acts 1993, No. 758, §1, eff. June 22, 1993; Acts 2005, 1st Ex. Sess., No. 44, §1, eff. Dec. 6, 2005. NOTE: See Acts 2005, 1st Ex. Sess., No. 44, §2, relative to retroactive application.
LA Rev Stat § 11:292 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§292. Seizure for child support; garnishment or seizure related to felony convictions

RS 292 - Seizure for child support; garnishment or seizure related to felony convictions A. Notwithstanding any other provision of law to the contrary, any retirement allowance, benefit, or refund of accumulated contributions paid to any member, former member, or retiree under the provisions of any public retirement system, or the portion of a retirement allowance, benefit, or refund of accumulated contributions paid to a spouse or former spouse under the provisions of R.S. 11:291, shall be subject to garnishment or court-ordered assignment to pay child support. B.(1) Notwithstanding any other provision of law to the contrary, any pension, retirement allowance, or benefit, or any refund of accumulated contributions payable to any member, former member, or retiree under the provisions of any public pension or retirement system, plan, or fund shall be subject to garnishment under a writ of fieri facias to pay any court-ordered restitution or fine, or any costs of incarceration, probation, or parole, imposed on such member, former member, or retiree as a result of a conviction of or a plea of guilty or nolo contendere to the commission of a felony for misconduct associated with such person's service as an elected official or public employee for which credit in the system, plan, or fund was earned or accrued, the commission of which felony occurred on or after July 1, 2010. (2) Notwithstanding any other provision of law to the contrary, a garnishment authorized pursuant to this Subsection shall not impinge on the community property interest of a spouse or former spouse not subject to the garnishment. (3) Notwithstanding any other provision of law to the contrary, a garnishment authorized pursuant to this Subsection may be continuing in nature as necessary to pay the court-ordered restitution or fine in full. Acts 1986, No. 767, §9; Redesignated from R.S. 42:720.21 by Acts 1991, No. 74, §3, eff. June 25, 1991; Acts 2004, No. 706, §1, eff. July 6, 2004; Acts 2010, No. 634, §1, eff. July 1, 2010.
LA Rev Stat § 11:301 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§301. Repealed by Acts 2011, No. 207, §1.

RS 301 - Repealed by Acts 2011, No. 207, §1.
LA Rev Stat § 11:302 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§302. Repealed by Acts 2011, No. 207, §1.

RS 302 - Repealed by Acts 2011, No. 207, §1.
LA Rev Stat § 11:303 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§303. Repealed by Acts 2011, No. 207, §1.

RS 303 - Repealed by Acts 2011, No. 207, §1.
LA Rev Stat § 11:304 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§304. Repealed by Acts 2011, No. 207, §1.

RS 304 - Repealed by Acts 2011, No. 207, §1.
LA Rev Stat § 11:305 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§305. Repealed by Acts 2011, No. 207, §1.

RS 305 - Repealed by Acts 2011, No. 207, §1.
LA Rev Stat § 11:306 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§306. Repealed by Acts 2011, No. 207, §1.

RS 306 - Repealed by Acts 2011, No. 207, §1.
LA Rev Stat § 11:307 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§307. Repealed by Acts 2011, No. 207, §1.

RS 307 - Repealed by Acts 2011, No. 207, §1.
LA Rev Stat § 11:308 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§308. Repealed by Acts 2011, No. 207, §1.

RS 308 - Repealed by Acts 2011, No. 207, §1.
LA Rev Stat § 11:309 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§309. Repealed by Acts 2011, No. 207, §1.

RS 309 - Repealed by Acts 2011, No. 207, §1.
LA Rev Stat § 11:311 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§311. Purpose

RS 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 are not used directly or indirectly to support terrorist activities. Acts 2005, No. 9, §1, eff. May 27, 2005.
LA Rev Stat § 11:312 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§312. Application, definitions

RS 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) Firefighters' Retirement System. (5) Louisiana School Employees' Retirement System. (6) Louisiana State Employees' Retirement System. (7) Municipal Police Employees' Retirement System. (8) Municipal Employees' Retirement System of Louisiana. (9) Parochial Employees' Retirement System of Louisiana. (10) Registrars of Voters Employees' Retirement System. (11) Sheriffs' Pension and Relief Fund. (12) Louisiana State Police Retirement System. (13) Teachers' Retirement System of Louisiana. B. As used in this Subpart, the following terms shall have the following meanings, unless a different meaning is clearly required by context: (1) "Company" means any foreign domiciled or based entity, real or juridical, which is not a subsidiary of nor owned in whole or in part by any domestic company, and which is engaged in an enterprise for financial gain. (2) "Prohibited nation" means Iran, North Korea, Sudan, or Syria. C.(1) Each system or fund to which this Subpart applies shall provide semiannual written reports to the House of Representatives and Senate committees on retirement regarding any investments of that system in any company having facilities or employees or both located in a prohibited nation. The report shall include the name of each such company, the asset allocation class and sector to which it belongs pursuant to the board's asset allocation policy, and the amount of system funds invested therein. (2) The first report shall be due October 31, 2005, and shall contain information for the six-month period ending September 15, 2005. The second report shall be due August 15, 2006, and shall contain information for the period from September 16, 2005 through June 30, 2006. Beginning February 15, 2007, and thereafter, reports shall be due by the fifteenth day of February, containing information for the six-month period ending December thirty-first, and by the fifteenth of August, containing information for the six-month period ending June thirtieth in each calendar year. (3) Each system's money managers shall be responsible for supplying to the system all information necessary to complete the reports in a timely manner as required by this Subsection. D. Each system shall adopt rules necessary to implement the provisions of this Subpart, including the provisions of Paragraph (C)(3) of this Section. Acts 2005, No. 9, §1, eff. May 27, 2005; Acts 2007, No. 352, §1; Acts 2012, No. 227, §1.
LA Rev Stat § 11:313 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§313. Prudent-man rule; investments

RS 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(B)(2). Acts 2007, No. 352, §1.
LA Rev Stat § 11:316 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§316. Terror-free fund

RS 316 - Terror-free fund  A. As used in this Section, the following terms shall have the following meaning unless a different meaning is clearly required by the context:  (1) "Screened equities" means stocks or other ownership interest in a company identified as having facilities or employees located in a prohibited nation, which equities are excluded from the terror-free fund.  (2) "Terror-free equities" means equities in companies not identified as having facilities or employees located in a prohibited nation.  (3) "Terror-free fund" means an international fund or separately managed account which identifies equities in companies having facilities or employees located in a prohibited nation and excludes them from the fund.  B. Each system or fund to which this Subpart applies that has an investment strategy which includes allocation to international markets shall communicate with investment managers with international investment experience for the establishment of an international terror-free fund. The communication shall stipulate that, as part of managing such fund, the manager shall replace the screened equities with comparable terror-free equities, sell the screened equities, or adjust the weighting of remaining equities held in a system's portfolio. Each system having an investment strategy which includes allocation to international markets shall allocate a portion of its international investments to such terror-free fund.  C. If a system having an investment strategy which includes allocation to international markets does not possess sufficient assets to meet the minimum investment required by the manager to create a terror-free fund on the system's behalf alone, such system shall join an existing terror-free fund established pursuant to this Section or shall join with another system to meet such minimum investment requirements for the purpose of establishing a terror-free fund common to those systems.  D. Each system shall adopt rules necessary to implement the provisions of this Section.  E. Each system shall report compliance with this Section to the House of Representatives and Senate committees on retirement as part of the report submitted pursuant to R.S. 11:312(C).  F. Nothing in this Section shall require a system to invest in international markets unless otherwise part of the investment strategy adopted by the system. If a system invests in international markets and utilizes collective funds or index funds for such purpose, this Section shall apply.  Acts 2007, No. 352, §1; Acts 2008, No. 220, §4, eff. June 14, 2008; Acts 2018, No. 45, §1, eff. May 10, 2018.