Louisiana Revised Statutes 11:2055 – Termination of membership
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Terms Used In Louisiana Revised Statutes 11:2055
- Accumulated contributions: shall mean the sum of all the amounts deducted from the compensation of a member and credited to his individual account in the annuity savings fund. See Louisiana Revised Statutes 11:2031
- Member: shall include any employee, as defined in Paragraph (10) of this Section, included in the membership of this system as provided in Louisiana Revised Statutes 11:2031
- Service: shall mean service rendered as an employee as described in Paragraph (10) of this Section. See Louisiana Revised Statutes 11:2031
Should any member in any period of six consecutive years after becoming a member be absent from service for more than five years, or should he withdraw his accumulated contributions, or should he become a beneficiary or die, he shall thereupon cease to be a member.
Acts 1954, No. 215, §3(6); Redesignated from La. Rev. Stat. 18:1685 by Acts 1991, No. 74, §3, eff. June 25, 1991.