United States — Louisiana
RS 11:1002
1 provisions
This section defines terms used in the chapter for the school employees retirement system.
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United States — Louisiana
1 provisions
This section defines terms used in the chapter for the school employees retirement system.
United States — Louisiana
1 provisions
Certain pension and related fund interests are exempt from state or municipal tax and from seizure-type processes, and they are generally unassignable.
United States — Louisiana
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False statements or falsified records affecting the retirement system can lead to fines, jail, or both.
United States — Louisiana
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Benefits under R.S. 11:1141 et seq. do not become effective or start accruing until July 1, 1948, and no compulsory retirement may be made during that period.
United States — Louisiana
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Retirees may be rehired, but the employer must report monthly earnings and some excess earnings must be repaid.
United States — Louisiana
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Retired bus operators who return to work face benefit suspension, and employers must notify, report, and contribute under this section.
United States — Louisiana
1 provisions
This section states that the subpart is intended to provide mechanisms for compliance with Louisiana constitutional requirements on employer funding of state and statewide public retirement systems.
United States — Louisiana
1 provisions
This section tells the legislature how to set employer contribution rates for certain Louisiana public retirement systems and requires shared-funding employers to pay the employer share too.
United States — Louisiana
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This section sets how certain Louisiana State Employees' Retirement System amortization bases are consolidated, funded, reamortized, and allocated over time.
United States — Louisiana
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This section tells the Teachers' Retirement System of Louisiana how to consolidate and amortize certain existing amortization bases, and how to apply excess returns and certain contributions to those bases.
United States — Louisiana
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This section sets rules for how the Louisiana School Employees' Retirement System applies excess investment returns to amortization bases and when reamortization is required or barred.
United States — Louisiana
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The system must apply excess investment returns to the oldest qualifying amortization base when returns exceed the assumed rate of return, subject to stated exclusions and reamortization rules.
United States — Louisiana
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For the June 30, 2014 valuation, certain Louisiana state retirement systems must use a five-year amortization period for specified investment gains.
United States — Louisiana
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Staff, legislators, and actuaries must reexamine future volatility of state system schedules, report the results to the committee by November 1, 2017, and the committee must review them and may recommend legislation by December 15, 2017 if appropriate.
United States — Louisiana
1 provisions
Employer contribution rates for statewide public retirement systems must be calculated using this section’s actuarial formula, subject to stated exceptions.
United States — Louisiana
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The committee must set the employer contribution rate each year by late February, and the chairman must notify each employer or retirement system within 10 business days after the rate is set.
United States — Louisiana
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Some retirement-system boards may keep the employer contribution rate from dropping, and one fund’s board may reamortize a remaining liability under certain conditions.
United States — Louisiana
1 provisions
Some listed Louisiana public retirement systems may have employer contribution rates increased by up to 3% above the R.S. 11:103 rate.
United States — Louisiana
1 provisions
This section lets certain public retirement system boards set an employer contribution rate between the prior year’s rate and a lower rate that would otherwise apply.
United States — Louisiana
1 provisions
This section applies to certain statewide public retirement systems and requires each to have a funding deposit account.