Louisiana Revised Statutes 11:415 – Termination of membership
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Terms Used In Louisiana Revised Statutes 11:415
- Accumulated contributions: means the sum of all amounts paid by a member, excluding interest paid on the repayment of a refund, and credited to his individual account in the employee's savings account, together with regular interest credited prior to July 1969. 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
- System: means the Louisiana State Employees' Retirement System. See Louisiana Revised Statutes 11:403
Membership in this system ceases when a member withdraws his accumulated contributions, or when a member withdraws from active service with a retirement allowance, or when a member dies.
Acts 1972, No. 135, §1, eff. July 26, 1972; Redesignated from La. Rev. Stat. 42:556 by Acts 1991, No. 74, §3, eff. June 25, 1991.