§ 11:502 Creation of optional retirement plan
§ 11:502.1 Selection of providers
§ 11:502.2 Eligibility; irrevocable election
§ 11:502.3 Contributions
§ 11:502.4 Limitations; unclassified employees
§ 11:502.5 Benefits not obligation of the state; unclassified employees
§ 11:502.6 Implementation

Terms Used In Louisiana Revised Statutes > Title 11 > Subtitle II > Chapter 1 > Part IV > Subpart F - Optional Retirement Plan

  • Agency: means any governmental body employing persons and includes departments, agencies, boards, commissions, and courts. See Louisiana Revised Statutes 11:403
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Board: means the Board of Trustees of the Louisiana State Employees' Retirement System. See Louisiana Revised Statutes 11:403
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Employee: means any person legally occupying a position in the state service. See Louisiana Revised Statutes 11:403
  • 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
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Member: means any person included in the membership of the system. See Louisiana Revised Statutes 11:403
  • person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
  • Position: means any office or any employment in the state service. 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
  • Termination: means complete cessation of employment with the state. See Louisiana Revised Statutes 11:403