2023 Louisiana Laws › Revised Statutes › Title 11 - Consolidated Public Retirement › §11:752. Conversion of sick leave to membership service

RS 11:752 - Conversion of sick leave to membership service
A. When a member retires or dies while still a member and before retirement leaving a surviving spouse or dependent or both who are entitled to benefits under this Chapter his unused accumulated sick leave shall be added to his membership service. The additional membership service set forth in this Section shall not be included in the service on which average final compensation is determined.
B. For the purpose of determining the amount of unused sick leave to be added to the member's membership service only, the retirement system shall determine the amount of sick leave earned, but for retirement system purposes only, on the following basis. Nine-month employees earn ten days per year and ten-month employees earn eleven days per year. If the nine-month or ten-month employee works extra during the summer he will receive one day or a portion thereof for each month or portion thereof that he works. Eleven-month and twelve-month employees earn twelve days per year during the first three years, fifteen days per year for the next seven years, and eighteen days per year for each year over ten years. The system shall deduct the actual days of sick leave used by the member from the amount of sick leave earned for retirement purposes. Sick leave last earned shall be used first. The balance of unused sick leave for retirement purposes shall be added to his membership service on the basis of the conversion tables in Subsections C and D of this Section.
C. All unused sick leave credit days earned for membership service credit only under Subsection B of this Section on or before June 30, 1988, shall be converted to years based on the following table:
25 - 45 days
=
.25
year
46 - 90 days
=
.50
year
91 - 135
days
=
.75
year
136
- 180
days
= 1.00
year
181
- 225
days
= 1.25
years
226
- 270
days
= 1.50
years
271
- 315
days
= 1.75
years
316
- 360
days
= 2.00
years
361
- 405
days
= 2.25
years
406
- 450
days
= 2.50
years
451
- 495
days
= 2.75
years
496
- 540
days
= 3.00
years
541
- 585
days
= 3.25
years
586
- 630
days
= 3.50
years
631
- 675
days
= 3.75
years
676
- 720
days
= 4.00
years
D. All unused sick leave credit days earned for membership service credit only under Subsection B of this Section after June 30, 1988, less the number of days for which the employer pays upon the member's retirement, shall be converted to years based upon the following table for the member's type of employment at the time of retirement. Eleven-month and twelve-month employees in Subsection B of this Section shall receive twelve days per year during the first ten years of service and eighteen days per year for each year thereafter.
Nine
Ten
Eleven
Twelve
Months
Months
Months
Months
Accumulated
Accumulated
Accumulated
Accumulated
Credit
Sick Days
Sick Days
Sick Days
Sick Days
.1 year
10-18
11-20
12-22
13-24
.2 year
19-36
21-40
23-44
25-48
.3 year
37-54
41-60
45-66
49-72
.4 year
55-72
61-80
67-88
73-96
.5 year
73-90
81-100
89-110
97-120
.6 year
91-108
101-120
111-132
121-144
.7 year
109-126
121-140
133-154
145-168
.8 year
127-144
141-160
155-176
169-192
.9 year
145-162
161-180
177-198
193-216
1 year
163-180
181-200
199-220
217-240
E. All unused sick leave credit days earned under Subsections B and D of this Section which are convertible under Subsection D of this Section and which are earned after June 30, 1990, and which are in excess of an amount which would convert to one year of service credit may only be added to the member's membership service if purchased and paid as provided in this Subsection. In order to purchase the unused sick leave as service credit the member shall pay to the retirement system an amount which, on an actuarial basis, totally offsets the increase in accrued liability of the system resulting from the receipt of the credit. The amount payable shall be calculated by use of the actuarial funding method, assumptions, and tables in use by the system at the time of purchase. Any leave purchased under this Section cannot be used to attain eligibility for any benefits and cannot be used in the computation of average compensation. The employer institution, in its discretion, may pay not more than fifty percent of the purchase price. However, if it makes such a payment, it shall then make such payment, in the same percentage, with respect to all employees who make application.
Acts 1988, No. 717, §1; Acts 1990, No. 625, §1, eff. July 1, 1990; Redesignated from R.S. 17:623.1 by Acts 1991, No. 74, §3, eff. June 25, 1991; Acts 1997, No. 1353, §1, eff. July 1, 1997.