Louisiana Revised Statutes 11:562.1 – Continued eligibility for survivor benefits of minor children and handicapped or mentally retarded children
Terms Used In Louisiana Revised Statutes 11:562.1
- 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
Participation in the Deferred Retirement Option Plan, pursuant to La. Rev. Stat. 11:447, shall not terminate membership in the Louisiana State Employees’ Retirement System for those persons enumerated in La. Rev. Stat. 11:553 for the purposes of survivor benefits as provided by law for minor children and handicapped or mentally retarded children. In no event shall the total yearly benefit provided under La. Rev. Stat. 11:471 through 480 and La. Rev. Stat. 11:562 exceed seventy-five percent of the member‘s final average compensation.
Acts 1995, No. 1107, §1, eff. July 1, 1995.
NOTE: Section 2 of Acts 1995, No. 1107 provides: “This Act shall take effect and become operative only if funds to provide for survivor benefits authorized herein are appropriated in the Act which originated as House Bill No. 2271 of the 1995 Regular Session of the Legislature.” Act 1107 is not specifically provided for in Act 1225 (HB 2271).