United States — Louisiana Act or statute

United States — Louisiana legislation

RS 11:144.1

Some former public retirement system members may repay refunded contributions if they later join a state or statewide public retirement system and the refunding system has been merged into the current system.

refund repaymentretirement contributions

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“Some former public retirement system members may repay refunded contributions if they later join a state or statewide public retirement system and the refunding system has been merged into the current system.”

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RS 11:144.1

Some former public retirement system members may repay refunded contributions if they later join a state or statewide public retirement system and the refunding system has been merged into the current system.

Section 11:144.1

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§ 11:144.1RS 11:144.1Provision

Some former public retirement system members may repay refunded contributions if they later join a state or statewide public retirement system and the refunding system has been merged into the current system.

§144.1. Repayment of refunded contributions; merged retirement systems Any person who: (1) was a member of a public retirement system, and (2) who terminated his membership in such system and received a refund of contributions, and (3) who thereafter becomes a member of a state or statewide public retirement system shall be eligible to repay the refunded contributions to the system in which he is an active contributing member, provided the system from which the member received the refund has been merged into his current system and the former system is not in existence with respect to receiving the repayment of refunds. Any such repayment of refunds, and the credit granted relative thereto, shall be on an actuarial basis and in compliance with all other pertinent laws governing the repayment of refunds to the extent that such laws do not conflict with the provisions set forth in this Section. Acts 1995, No. 1234, §1.
Section 11:144.1Verify source

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