reglab/statecodes huggingface dataset:
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 7 - Purchase of Military Service under R.S. 11:153 › Section I-703 - Requirements for Application to Purchase Military Service

Current through Register Vol. 50, No. 6, June 20, 2024
A. In order to apply for purchase of the
				service, an active member shall:
1. make
				application to LASERS;
2. provide a
				copy of military form DD 214;
3.
				certify that he is not drawing a regular retirement benefit based on the
				military service calculated on the basis of age and service (This restriction
				does not apply to disability benefits based on 25 percent or less disability
				received as a result of military service); and
4. certify that he has not received credit
				for the service in any other public retirement system;
5. pay for the calculation of the actuarial
				calculation to determine the cost to purchase the service.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 9 - Purchase of Retirement Credit under R.S. 29:411 et seq., and the Uniformed Services Employment and Reemployment Rights Act › Section I-901 - Requirements

Current through Register Vol. 50, No. 6, June 20, 2024
A. In order to
				qualify for retirement credit for military service, at the time the individual
				was called to active military service, he or she shall have been:
1. a state employee in a position that is
				other than temporary including, but not limited to, probational and permanent
				Civil Service positions;
2. an
				active member of the Louisiana State Employees' Retirement System;
3. a member of the Army National Guard of the
				United States, the Army Reserve, the Naval Reserve, the Marine Corps Reserve,
				the Air National Guard of the United States, Air Force Reserve, or the Coast
				Guard Reserve (hereinafter called reservist) called to active duty;
				and
4. shall have been released
				from active duty after satisfactory completion of military duty, in accordance
				with the provisions of  50 U.S.C. §459 . Release shall have been other than
				dishonorable.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 9 - Purchase of Retirement Credit under R.S. 29:411 et seq., and the Uniformed Services Employment and Reemployment Rights Act › Section I-903 - Exclusions

Current through Register Vol. 50, No. 6, June 20, 2024
A. Employees who
				were in temporary positions such as, but not limited to, restricted
				appointments, job appointments, provisional appointments, and student workers
				are not eligible for retirement credit. Elected officials and appointed
				officials in positions established by the constitution or laws of the state are
				eligible for retirement credit. Reservists who were participating in the
				Deferred Retirement Option Plan at the time of military service are not
				eligible to receive service credit.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  29:411,
				  R.S.
				  29:415.1 and
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 9 - Purchase of Retirement Credit under R.S. 29:411 et seq., and the Uniformed Services Employment and Reemployment Rights Act › Section I-905 - Limitations

Current through Register Vol. 50, No. 6, June 20, 2024
A. Members may
				receive no more than a total of five years of military service credit in the
				retirement system for military service rendered in accordance with
				R.S.
				29:411 et seq., and the Uniformed Services
				Employment and Reemployment Rights Act (USERRA).
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  29:411 and
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 9 - Purchase of Retirement Credit under R.S. 29:411 et seq., and the Uniformed Services Employment and Reemployment Rights Act › Section I-907 - Credit for Eligibility or Benefit Purposes

Current through Register Vol. 50, No. 6, June 20, 2024
A. In accordance with provisions of USERRA, a
				member shall receive credit for purposes of determining eligibility for
				retirement at no cost to the individual or agency. In order to receive credit
				for purposes of calculating the retirement benefit, contributions shall be paid
				to the retirement system in accordance with section 414(u) of the
Internal Revenue Code
. If the employee was on paid leave
				during the period of active military service, the employee has received
				retirement credit for that service and no additional information need be
				furnished to the retirement system.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  29:411 and
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 9 - Purchase of Retirement Credit under R.S. 29:411 et seq., and the Uniformed Services Employment and Reemployment Rights Act › Section I-909 - Certification of Military Service

Current through Register Vol. 50, No. 6, June 20, 2024
A.
				In order to receive retirement credit for eligibility or benefits purposes, the
				employee shall provide:
1. discharge or
				release notice (Form DD214) and any other pertinent documentation from the
				appropriate military entity which provides the inclusive dates of active
				service or discharge from hospitalization incidental to the military
				service;
2. documentation from the
				agency certifying that the reservist was employed in a position other than
				temporary on the date the active duty began; and
3. certification from the agency that the
				reservist applied for reemployment within 90 days of release from military
				service or discharge from hospitalization incidental to the military
				service.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 9 - Purchase of Retirement Credit under R.S. 29:411 et seq., and the Uniformed Services Employment and Reemployment Rights Act › Section I-911 - Differential Payments Made by the Agencies

Current through Register Vol. 50, No. 6, June 20, 2024
A. Many reservists active duty base pay may
				be less than their state base pay. The reservist may elect to pay contributions
				on the entire amount of state earnings that would have been received in order
				to receive retirement credit for benefit purposes.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  29:411 and
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 9 - Purchase of Retirement Credit under R.S. 29:411 et seq., and the Uniformed Services Employment and Reemployment Rights Act › Section I-913 - Payment of Contributions after Military Service is Completed

Current through Register Vol. 50, No. 6, June 20, 2024
A. The employer
				shall pay the employer contribution.
B. The amount of contributions is based upon
				the amount of earnings the employee would have received if still employed. This
				includes any increases in compensation the employee would have received if he
				or she had remained in employment during the period of military service. If the
				employee's compensation varies, such as for legislators, the average monthly
				earnings for the 12 months preceding the active military service shall be used
				to determine the amount of contributions.
C. The employer shall determine the amount of
				earnings that would have been earned and compute the employee and employers
				contributions that are due.
D. The
				employee shall pay the employee contributions to the agency. The agency shall
				remit the employee and employer contributions to LASERS within 30 days after
				the employee has paid his or her portion. The agency shall provide a monthly
				breakdown of the earnings and contributions for each member and the
				certification documents to LASERS.
E. Payment for military service shall be made
				in accordance with section 414(u) of the
Internal Revenue
				Code
.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  29:414 and
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 9 - Purchase of Retirement Credit under R.S. 29:411 et seq., and the Uniformed Services Employment and Reemployment Rights Act › Section I-915 - Death and Survivor Benefits

Current through Register Vol. 50, No. 6, June 20, 2024
A. The period of military service received
				under the provisions of Chapter 9 shall be counted as creditable service for
				determining eligibility for death and survivor benefits. The amount of survivor
				benefits payable shall be calculated as provided for in
				R.S.
				11:471 et seq
.
B. The final average compensation used for
				the calculation shall be based on the actual earnings of the member. In order
				for the estimated earnings during the period of military service to be used in
				the determination of the final average compensation, the employee and
				employer's contributions shall be paid for the period of military
				service.
C. If a member dies before
				completing payment for military service under this Chapter, a beneficiary or
				survivor has the right to pay the required contributions as set forth in
				R.S.
				29:415, except that the applicable time limit
				within which payment must be made is that set forth in section 414(u) of the
Internal Revenue Code
. If the beneficiary or survivor chooses
				not to pay the member's contribution, the computation of death and survivor
				benefits shall be based on the actual service credit of the member, excluding
				his or her military service.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  29:414,
				  R.S.
				  29:415 and
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 11 - Voluntary Deductions from Retiree Benefits Payroll › Section I-1101 - Application Process for Voluntary Payroll Deduction

Current through Register Vol. 50, No. 6, June 20, 2024
A. Application shall be made by the company,
				corporation, or organization which is the provider of coverage, product,
				service, or recipient of monies and shall be signed by two officers of the
				applicant company, corporation, or organization. The completed application
				shall be submitted to LASERS.
B.
				The following type providers of services shall be considered for approval:
1. the State Group Benefits
				program;
2. Repealed.
3. the Retired State Employees'
				Association;
4. general insurance
				companies and other providers that are included on the annual listing
				maintained by the Office of State Uniform Payroll;
5. credit unions formed for the primary
				purpose of serving state employees that have a payroll deduction for employees
				of the members' agencies;
6. other
				member or retiree associations approved by the board of trustees;
7. vendors receiving payment through
				voluntary deductions on the effective date of these rules; and
8. other insurance companies approved by the
				executive director.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 11 - Voluntary Deductions from Retiree Benefits Payroll › Section I-1103 - Vendor Requirements

Current through Register Vol. 50, No. 6, June 20, 2024
A.
				Authority for payroll deductions shall be governed by this Chapter. General
				insurance deduction vendors shall meet the following requirements.
1. Foreign companies shall:
a. have a current rating in A.M. Best of B+
				or better, unless:
i. notwithstanding any
				other law, rule, or regulation to the contrary, and if they are in good
				standing with the Department of Insurance, and subject to the other applicable
				provisions of this Section, a foreign company which has participated in the
				Office of State Uniform Payroll deduction system for a period of at least ten
				years and has a rating in A.M. Best of B, may continue to market and sell
				insurance policies through payroll deduction until the beginning of the next
				open enrollment period following the four-year anniversary date from the date
				of the issuance of the B rating by A.M. Best, provided they have maintained a
				rating of B or better for the entire four-year period. Thereafter, in the event
				that the foreign insurer has maintained a rating of B by A.M. Best and that
				rating is increased from B to a B+ or better and they meet the other applicable
				requirements of this Section and other applicable rules and regulations, they
				may resume marketing and selling insurance through the payroll deduction
				system; or
ii. notwithstanding any
				other law, rule, or regulation to the contrary, if a foreign company has been
				participating in the Office of State Uniform Payroll deduction system for a
				period of at least ten years, and they have a rating in A.M. Best of B, they
				may maintain and administer indefinitely those policies purchased through
				payroll deduction as long as they maintain a rating by A.M. Best of no less
				than a B, are in good standing with the Department of Insurance, and comply
				with other applicable rules, and regulations, and laws and the provisions of
				this Section;
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 11 - Voluntary Deductions from Retiree Benefits Payroll › Section I-1105 - Notification, Implementation and Transition

Current through Register Vol. 50, No. 6, June 20, 2024
A. LASERS shall notify applicant whether
				applicant is approved as a vendor.
B. Vendors shall enroll retirees for a
				monthly deduction amount.
C.
				Participation shall be at least 30 or more retirees, if approved by the
				executive director.
D. If a vendor
				falls below the participation level approved by the executive director, LASERS
				has the right to discontinue the payroll deduction immediately.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 11 - Voluntary Deductions from Retiree Benefits Payroll › Section I-1107 - Deduction Authorization

Current through Register Vol. 50, No. 6, June 20, 2024
A.
				Vendors shall be responsible for obtaining and maintaining appropriate
				deduction authorizations from individual retirees. Copies shall be made
				available to LASERS upon request.
B. Any disclaimer, contract, or term of
				participation agreement between the retiree and the vendor or provider shall
				not be binding on LASERS.
C. A
				retiree shall have only one monthly deduction (which may cover more than one
				benefit) for a single vendor effective at any one time.
D. Vendor is responsible for submitting a
				computer file of monthly deductions to LASERS by the twelfth day of the month
				preceding the deduction using the electronic format and specifications
				established by LASERS. All deductions for a single vendor shall be submitted on
				one monthly file: exceptions must be approved on a case-by-case basis by the
				Executive Director.
E. A retiree
				may discontinue any voluntary payroll deduction amount by providing written
				notification of that intent to the vendor. Vendors shall remove these persons
				from the file.
F. A retiree cannot
				authorize total deductions which exceed the amount of the benefit.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 11 - Voluntary Deductions from Retiree Benefits Payroll › Section I-1111 - Vendor Responsibilities

Current through Register Vol. 50, No. 6, June 20, 2024
A.
				Vendors shall not be authorized to submit any deduction which was obtained from
				a retiree for the purpose of transmitting any part of that deduction to a third
				party.
B. The vendor is responsible
				for refunding any amounts deducted in error to the individual
				retiree.
C. Any information
				received from LASERS shall be handled in accordance with the Louisiana Public
				Records law.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 11 - Voluntary Deductions from Retiree Benefits Payroll › Section I-1113 - LASERS' Responsibilities

Current through Register Vol. 50, No. 6, June 20, 2024
A.
				LASERS shall be responsible for making the monthly deductions in the amount
				that are timely submitted by the vendor.
B. LASERS shall remit the amount deducted to
				the vendor and shall provide a listing of all exceptions.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 11 - Voluntary Deductions from Retiree Benefits Payroll › Section I-1115 - Reporting

Current through Register Vol. 50, No. 6, June 20, 2024
A. Vendors shall
				report within 10 days of final approval any change in the name, address, or
				designated coordinator to LASERS.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 11 - Voluntary Deductions from Retiree Benefits Payroll › Section I-1119 - Termination of Payroll Deduction

Current through Register Vol. 50, No. 6, June 20, 2024
A. Unethical conduct or practices of the
				vendor shall result in the termination of deduction authority for that
				vendor.
B. Payroll deduction
				authority may be revoked for any vendor that is removed from the annual listing
				maintained by the Office of State Uniform Payroll.
C. Payroll deduction authority may be revoked
				for any vendor that fails to comply with requirements of this rule.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 11 - Voluntary Deductions from Retiree Benefits Payroll › Section I-1121 - General Provisions

Current through Register Vol. 50, No. 6, June 20, 2024
A.
				Payroll deduction authorization shall not be transferred.
B. Approval of an applicant in no way
				constitutes endorsement or certification of the applicant or vendor or its
				products or services.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 13 - Emergency Refunds › Section I-1301 - Conditions Giving Rise to an Emergency Refund

Current through Register Vol. 50, No. 6, June 20, 2024
A. A refund of accumulated employee
				contributions may be made in less than 30 calendar days after the date of
				separation from state service in the following situations:
1. the refund results from the death of the
				member; or
2. the member has
				significant expenses for medical care for himself, spouse, or child;
				or
3. an emergency situation of the
				member, which shall consist of the foreclosure on a member's domicile,
				repossession of the member's vehicle, or eviction of the member from his or her
				apartment. A document filed in the official legal proceeding for foreclosure or
				repossession or a notice of eviction shall be required as proof to qualify
				under this provision. Notices of repossession drafted in compliance with
				R.S. 6:966 may be
				reviewed by staff on a case-by-case basis.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 13 - Emergency Refunds › Section I-1303 - Procedure for an Emergency Refund

Current through Register Vol. 50, No. 6, June 20, 2024
A. The member or beneficiary shall provide a
				copy of the death certificate, a doctor's statement of total and permanent
				disability, a copy of medical invoices, or copies of other pertinent
				documentation to qualify for the emergency refund. Outstanding bills must be
				payable prior to the date the individual would otherwise receive the refund, or
				other like economic hardship must be shown to be considered sufficient reason
				for declaring an emergency situation.
B. Upon receipt of the documentation and
				approval by the executive director, the retirement system shall issue the
				refund at the next scheduled date for issuing refund checks. The refund amount
				shall include all employee contributions received from the employing agency and
				posted to the individual's account. Any additional contributions received at a
				later date from the agency shall be refunded to the individual after they are
				received and posted to the account.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515 and
				  537(B).
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 13 - Emergency Refunds › Section I-1305 - Responsibility for Overpayment of a Refund

Current through Register Vol. 50, No. 6, June 20, 2024
A. If the amount that is refunded is greater
				than the amount actually due the individual, the agency paying the
				contributions shall be responsible for recouping any overpayment from the
				individual who was overpaid.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515 and
				  11:537(B).
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 15 - Purchases and Transfers of Service › Section I-1501 - Purchases and Transfers of Service; Calculations; Costs

Current through Register Vol. 50, No. 6, June 20, 2024
A. The purchase of service on an actuarial
				basis and the transfer of service from other public retirement systems into
				LASERS requires an actuarial calculation by the system actuary.
B. The cost of this calculation shall be paid
				by the member requesting the calculation. Payment must be made before the
				request for the calculation will be forwarded to the actuary.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:424,
				  11:446
				  and
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 15 - Purchases and Transfers of Service › Section I-1503 - Transfers of Service; Other Requirements

Current through Register Vol. 50, No. 6, June 20, 2024
A. In order to transfer service credit from
				other public retirement systems into LASERS, the person seeking such a transfer
				must be:
1. an active member contributing to
				the LASERS at the time they apply for the transfer; or
2. an active member of a public retirement
				system maintained primarily for officers and employees of the state of
				Louisiana, or any political subdivision thereof, or of any district, board,
				commission, or other agency of either, or any other such public entity who has
				been a member of such system for at least six months and who has membership
				credit in such system shall have the option of transferring all of his credit
				from such system he is currently contributing to or to the system in which he
				last contributed. However, membership in a public retirement system cannot be
				changed to another public retirement system.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 17 - Purchases of Service by Reinstated Employees › Section I-1701 - Purchases of Service by Reinstated Employees

Current through Register Vol. 50, No. 6, June 20, 2024
A. When an employee is reinstated to a
				position in state government by the Department of Civil Service or a court of
				law, the employee is entitled to receive retirement service credit for the
				period of time that is reinstated provided payment of employee and employer
				contributions, plus interest, is made to the retirement system within 60 days
				of the reinstatement.
B. If
				reinstated, the employee shall pay an amount equal to the current employee's
				contributions based on the earned compensation for the period of time that was
				reinstated. The employing agency shall pay the employer contributions that
				would have been due plus compound interest at the actuarial valuation rate for
				all contributions payable from the date the contribution was due until
				paid.
C. When a reinstated employee
				is entitled to back pay from the employing agency, the agency shall remit the
				employer and employee's contributions that would have been due if the employee
				had been employed during that time, plus interest. The agency shall also
				provide LASERS with a report of earnings on a monthly basis for the period for
				which the individual was reinstated.
D. If a member has received a refund of
				contributions after a wrongful termination, he must repay the refund not later
				than the sixtieth day following the first day the member returns to work after
				reinstatement is ordered for the member's retirement status and service credit
				to be fully restored.
E. Any costs
				to the retirement system associated with these procedures shall be paid by the
				employing agency.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 17 - Purchases of Service by Reinstated Employees › Section I-1703 - Effect of Reinstatement

Current through Register Vol. 50, No. 6, June 20, 2024
A.
				Employees reinstated into state government shall be entitled to purchase
				service credit as provided in this Chapter, and the employee shall be treated
				as if he was a member during this period of purchased service credit, except
				that the reinstated employee will not be entitled to partial repurchase
				provisions for the service credit that is reinstated through legal
				action.
B. The reinstated
				employee's date of hire prior to the wrongful termination shall be used for
				retirement purposes, if any contribution refund that the member received is
				repaid not later than the sixtieth day following the first day the member
				returns to work after reinstatement is ordered. If the member repays all or any
				portion of such contribution refund after the sixtieth day following the first
				day the member returns to work after reinstatement is ordered, the repayment
				shall be treated in the same manner as a payment for any other refund and the
				date of hire for retirement purposes shall be the first day the member returns
				to work after reinstatement is ordered.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 17 - Purchases of Service by Reinstated Employees › Section I-1705 - Service Credit for Dual Employment

Current through Register Vol. 50, No. 6, June 20, 2024
A. Any active member who qualifies to
				purchase service credit under the provisions of
				R.S.
				11:191.B may purchase the service credit to
				which he would have been entitled in the system had he been an active
				contributing member of the retirement system during the full term of his
				employment by paying to the system an amount that totally offsets the actuarial
				cost of the receipt of the service credit.
B. The employer for that employee may pay
				one-half of the actuarial cost of the receipt of the service credit, thereby
				reducing the member's cost to one-half of the actuarial cost of the service
				credit. If the employer pays one-half of the actuarial cost for one employee,
				it shall be obligated to pay one-half of the actuarial cost of all employees
				who qualify to purchase this service credit.
C. The full amount must be received by the
				system, whether the member is paying the full cost, or the employer is paying
				one-half and the member one-half, prior to any service credit being attributed
				to a member's account. The amount must be paid in a lump sum.
D. A fee of at least $75 (to be set by the
				system's actuary) must be paid to the system's actuary by the individual
				requesting the calculation. Payment must be made before the request for
				calculation will be forwarded to the actuary.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 17 - Purchases of Service by Reinstated Employees › Section I-1707 - Repayment of Refund of Contributions (Repealed)

Current through Register Vol. 50, No. 6, June 20, 2024
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 17 - Purchases of Service by Reinstated Employees › Section I-1709 - Partial Repayment of Refund of Contributions

Current through Register Vol. 50, No. 6, June 20, 2024
A. If a member elects to repay part of a
				refund, he must repay the contributions for the most recent service credit
				first. For example, if a member received a refund for service from January 1,
				1991 through December 31, 1993, and elects to repay one year of service, he/she
				must repay the contributions for 1993 first.
B. Partial payments must be made in
				increments based on service within a calendar year with the most recent year(s)
				repaid first. Example: A member worked from June 1, 1990 through April 30, 1993
				then received a refund. The refund may be repaid in the following order:
1. January 1, 1993 through April 30,
				1993;
2. January 1 through December
				31, 1992;
3. January 1 through
				December 31, 1991; then
4. June 1
				through December 31, 1990.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 19 - Survivors' Benefits (Repealed) › Section I-1901 - Application for Benefits (Repealed)

Current through Register Vol. 50, No. 6, June 20, 2024
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:471 and
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 19 - Survivors' Benefits (Repealed) › Section I-1903 - Qualified Survivors (Repealed)

Current through Register Vol. 50, No. 6, June 20, 2024
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:472,
				  R.S.
				  11:473,
				  R.S.
				  11:474,
				  R.S.
				  11:475, R.S. 11:480 and
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 19 - Survivors' Benefits (Repealed) › Section I-1905 - Proof of Entitlement to a Survivors' Benefit (Repealed)

Current through Register Vol. 50, No. 6, June 20, 2024
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:477 and
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 19 - Survivors' Benefits (Repealed) › Section I-1907 - Qualification for Benefit to Handicapped Children (Repealed)

Current through Register Vol. 50, No. 6, June 20, 2024
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 19 - Survivors' Benefits (Repealed) › Section I-1909 - Children of Previous Marriage (Repealed)

Current through Register Vol. 50, No. 6, June 20, 2024
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:475 and
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 21 - Credit for Part-Time Service and Service in Multiple Positions › Section I-2101 - Credit for Part-Time Service and Service in Multiple Positions

Current through Register Vol. 50, No. 6, June 20, 2024
A. Members of the
				Louisiana State Employees' Retirement System shall receive service credit, up
				to a maximum of one year of service per calendar year, for all service which is
				rendered for an employer agency, as defined in
				R.S.
				11:403(12), and which is
				state service, as defined in
				R.S.
				11:403(28).
B. All compensation for such service, which
				meets the criteria of
				R.S.
				11:403, shall be recognized by the system,
				and employer and employee contributions must be paid thereon.
C. Any employee who is part-time, seasonal,
				or temporary, as defined in  26 CFR 31:312(b)(7)-2, or in any successor
				regulation, shall not be or become a member of the system, except membership
				for these employees shall be mandatory if the employee has 10 or more years'
				creditable service in the system.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 25 - Procedures for Processing Disability Applications › Section I-2501 - Application for Disability Retirement (Repealed)

Current through Register Vol. 50, No. 6, June 20, 2024
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 25 - Procedures for Processing Disability Applications › Section I-2503 - Disability Board Physician's Recommendation (Repealed)

Current through Register Vol. 50, No. 6, June 20, 2024
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 25 - Procedures for Processing Disability Applications › Section I-2505 - Final Determination (Repealed)

Current through Register Vol. 50, No. 6, June 20, 2024
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 25 - Procedures for Processing Disability Applications › Section I-2507 - Contesting Board Physician's Determination (Repealed)

Current through Register Vol. 50, No. 6, June 20, 2024
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 25 - Procedures for Processing Disability Applications › Section I-2509 - Judicial Appeal (Repealed)

Current through Register Vol. 50, No. 6, June 20, 2024
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 25 - Procedures for Processing Disability Applications › Section I-2511 - Certification of Continuing Eligibility (Repealed)

Current through Register Vol. 50, No. 6, June 20, 2024
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515 and
				  R.S.
				  11:220.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 25 - Procedures for Processing Disability Applications › Section I-2513 - Limitation on Earnings (Repealed)

Current through Register Vol. 50, No. 6, June 20, 2024
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 25 - Procedures for Processing Disability Applications › Section I-2515 - Report to the Board of Trustees

Current through Register Vol. 50, No. 6, June 20, 2024
A. The applicants' names and disposition of
				applications shall be provided to the board in addition to the monthly
				retirement supplement for the board's ratification.
B. The board shall receive a summary report
				of the number of applications received, the number approved, the number
				disapproved, a summary of the types of disabilities, the average age of
				approved applicants, the average number of years of state service, and the
				agencies of the applicants annually in March for the previous calendar
				year.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 25 - Procedures for Processing Disability Applications › Section I-2517 - Appointment of Physicians to the State Medical Disability Board

Current through Register Vol. 50, No. 6, June 20, 2024
A. Physicians may
				be appointed to the State Medical Disability Board or as an alternate physician
				by the executive director. Such appointments shall be subject to ratification
				by the board of trustees.
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 25 - Procedures for Processing Disability Applications › Section I-2519 - Termination of Benefits (Repealed)

Current through Register Vol. 50, No. 6, June 20, 2024
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 27 - DROP Program › Subchapter A - Participation › Section I-2701 - Eligibility

Current through Register Vol. 50, No. 6, June 20, 2024
A. Eligibility for
				  DROP shall be determined under the provisions of Part IV, Chapter One of Title
				  11 of the Louisiana Revised Statutes of 1950 (R.S.
				  11:441 et seq.).
B. Act 1110 of 1995, effective January 1,
				  1996, implemented a "new" DROP program; however, a member who is eligible for
				  retirement on or before December 31, 1995 will continue to be eligible to enter
				  the "old" DROP at any time. The provisions of the "old" DROP remain unchanged
				  except for the elimination of the one year waiting period. Members eligible for
				  the "old" DROP may also choose to enter the "new" DROP, unless they have been
				  eligible for ordinary retirement more than three years and 60 days. If they
				  elect not to enter either DROP program, they may elect the initial benefit
				  option.
1. The provisions of "use it or lose
				  it" for annual leave, by action of the board of directors, will cease being
				  applied to "old" DROP participants beginning January 1, 1996. Thereafter, all
				  DROP participants will be able to convert accrued leave to retirement credits,
				  or actuarially reduced lump sum payment for accumulated leave.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 27 - DROP Program › Subchapter B - "Old" DROP › Section I-2703 - Participation in Three-Year Program

Current through Register Vol. 50, No. 6, June 20, 2024
A. Any eligible member entering DROP for the
				  first time on or after July 1, 1993, may make a one time election to
				  participate in DROP for a period not to exceed three years. Once specified, the
				  period of participation may not be extended.
B. Any member in their initial DROP
				  participation period between July 1, 1993, and September 1, 1993, who entered
				  DROP prior to July 1, 1993 may extend their originally selected participation
				  period by up to one additional year upon giving written notice to the
				  retirement system.
C. Any member in
				  their initial DROP participation period who entered DROP prior to July 1, 1993,
				  and who elect after September 1, 1993, to extend their originally selected DROP
				  participation period by up to one year may do so upon 30 days prior written
				  notice to the retirement system.
D.
				  Any member who has completed DROP participation prior to July 1, 1993, and who
				  has remained in state service without a break, may reenter the DROP program for
				  up to one additional year upon written notice to the retirement
				  system.
AUTHORITY NOTE:
					 Promulgated in accordance with
					 R.S.
					 11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 27 - DROP Program › Subchapter B - "Old" DROP › Section I-2705 - Effects of Participation

Current through Register Vol. 50, No. 6, June 20, 2024
A.
				  When a person is in an extended DROP participation period, leave earned during
				  that time can be converted to retirement credit if participation in DROP
				  extends beyond January 1, 1996.
B.
				  When a person is in an extended DROP participation period, interest shall not
				  be credited to the DROP account.
C.
				  When a member extends their DROP participation period, the monthly amount
				  credited to the DROP account during the original participation period shall be
				  the amount credited to the DROP account during the extended DROP participation
				  period.
AUTHORITY NOTE:
					 Promulgated in accordance with
					 R.S.
					 11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 27 - DROP Program › Subchapter C - Withdrawal › Section I-2711 - Methods of Withdrawal

Current through Register Vol. 50, No. 6, June 20, 2024
A.
				  When a participant in the Deferred Retirement Option Plan terminates state
				  employment, the amount accumulated in the participant's DROP account may be
				  withdrawn in any of the following methods.
1.
				  Lump Sum Withdrawal
a. The participant may
				  withdraw the entire balance in the DROP account; or
b. receive a one-time lump sum amount
				  specified by participant;
c. if a
				  participant dies and the designated beneficiary is not entitled to a monthly
				  retirement benefit, the DROP account must be withdrawn within 90 days after
				  notification of the death.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 27 - DROP Program › Subchapter C - Withdrawal › Section I-2713 - Time for Disbursement

Current through Register Vol. 50, No. 6, June 20, 2024
A. The DROP
				  account must be totally disbursed within the expected lifetime of the
				  participant in accordance with federal laws. The expected lifetime is
				  determined based on the age of the participant on the date of termination. All
				  funds from the DROP account must be withdrawn in accordance with the Internal
				  Revenue Services Guidelines.
B.
				  Disbursements from the DROP accounts shall be made on the first day of each
				  month; if the first is a weekend or holiday, the disbursement shall be made on
				  the following workday.
C. When a
				  retiree reaches age 73, mandatory annual distributions shall begin in
				  accordance with IRS regulations. The amount of the distributions will be
				  recalculated annually.
D. Requested
				  withdrawals from DROP accounts which would leave a balance in that account of
				  $500 or less shall be processed as a request for disbursement of the entire
				  balance. All such withdrawal requests shall result in the closing of the
				  account. LASERS may, at its option, conduct audits to identify DROP accounts
				  with a balance of $500 or less and may disburse the entire amount to the person
				  in whose name the account exists or to their beneficiary after giving notice of
				  at least 30 days prior to disbursement.
AUTHORITY
					 NOTE: Promulgated in accordance with
					 R.S.
					 11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 27 - DROP Program › Subchapter C - Withdrawal › Section I-2715 - Interest

Current through Register Vol. 50, No. 6, June 20, 2024
A. Interest shall
				  not be credited to a participant's subaccount during the period of
				  participation and shall be based on the balance of the account at the end of
				  each month. All amounts which remain credited to the individual's subaccount
				  after termination of participation in the plan, which is not transferred to a
				  self-directed subaccount under
				  R.S.
				  11:451.1, shall be credited with interest at
				  the end of each plan year at a rate equal to the realized return on the
				  system's portfolio for that plan year as certified by the system actuary in his
				  actuarial report, less 1/2 of 1 percent.
B. Plan year shall mean fiscal year. The
				  actual posting of interest shall not be performed until the system actuary's
				  report is approved by the Public Retirement Systems Actuarial
				  Committee.
C. Interest shall not be
				  paid on funds transferring to the Self-Directed Plan. DROP participants who are
				  vested under LAC 58:I.4103 who choose to transfer their funds to the SDP shall
				  not be paid DROP interest under this Section beginning on the date LASERS
				  receives the participant's request for transfer. DROP participants who were not
				  vested under LAC 58:I.4103 shall not be paid DROP interest under this
				  Section.
AUTHORITY NOTE:
					 Promulgated in accordance with
					 R.S.
					 11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 27 - DROP Program › Subchapter C - Withdrawal › Section I-2717 - Changes in Withdrawal

Current through Register Vol. 50, No. 6, June 20, 2024
A.
				  The type of withdrawal or the amount may be changed upon written notice.
				  Requests for change received in the office of LASERS by the fifteenth of one
				  month shall be effective the following month.
B. The participant must indicate whether
				  federal income taxes should be withheld from the amount disbursed. The tax
				  instructions must be provided by the participant before a disbursement can be
				  made.
C. The forms for selecting
				  the method of disbursement and the tax instructions shall be provided to the
				  participant at the time of termination, or upon request.
AUTHORITY NOTE:
					 Promulgated in accordance with
					 R.S.
					 11:515.
Louisiana Administrative Code › Title 58 - RETIREMENT › Part I - Louisiana State Employees' Retirement System › Chapter 27 - DROP Program › Subchapter D - "New" DROP › Section I-2719 - Eligibility

Current through Register Vol. 50, No. 6, June 20, 2024
A. Members who
				  become eligible for retirement on or after January 1, 1996 will only be
				  eligible for the new DROP. Members who were eligible for retirement on or prior
				  to December 31, 1995 will have the option of joining either DROP, unless they
				  have been eligible for regular retirement in excess of three years and 60
				  days.
AUTHORITY NOTE:
					 Promulgated in accordance with
					 R.S.
					 11:515.