Louisiana Revised Statutes 11:538 – Termination of contributions; benefits
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Terms Used In Louisiana Revised Statutes 11:538
- Employer: means the state of Louisiana or any of its boards, commissions, departments, agencies, and courts which are contributing members of the Louisiana State Employees' Retirement System. See Louisiana Revised Statutes 11:403
- Member: means any person included in the membership of the system. See Louisiana Revised Statutes 11:403
- Retirement: means termination of active service, with a retirement allowance granted under the provisions of this Chapter. See Louisiana Revised Statutes 11:403
- State: means the state of Louisiana. See Louisiana Revised Statutes 11:403
- System: means the Louisiana State Employees' Retirement System. See Louisiana Revised Statutes 11:403
The retirement benefits provided by this Part shall not exceed the limits provided in La. Rev. Stat. 11:444(B). When a member has earned benefits equal to one hundred percent of his average compensation, no further contributions shall be required of him. The State shall continue to pay to the system the employer‘s contribution.
Added by Acts 1976, No. 240, §2; Acts 1983, No. 674, §3; Redesignated from La. Rev. Stat. 42:658 by Acts 1991, No. 74, §3, eff. June 25, 1991.