Louisiana Revised Statutes > Title 11 > Subtitle III > Chapter 4 > Part VIII – Excess Benefit Plan
Current as of: 2023 | Check for updates
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Other versions
§ 11:1881 | Establishment of plan |
§ 11:1882 | Definitions |
§ 11:1883 | Benefit provided |
§ 11:1884 | Contributions |
Terms Used In Louisiana Revised Statutes > Title 11 > Subtitle III > Chapter 4 > Part VIII - Excess Benefit Plan
- Actuarial equivalent: shall mean a benefit of equal value when computed upon the basis of such mortality and interest tables as shall be adopted by the board of trustees. See Louisiana Revised Statutes 11:1732
- 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.
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- board of trustees: means the board of trustees of this system. See Louisiana Revised Statutes 11:1732
- Department: means the Louisiana Department of Health. See Louisiana Revised Statutes 40:1248.1
- Fraud: Intentional deception resulting in injury to another.
- Governmental institutional provider: means either of the following:
(a) A nonstate governmental hospital, licensed in accordance with the Hospital Licensing Law, La. See Louisiana Revised Statutes 40:1248.1
- Institutional provider: means a nongovernmental hospital licensed in accordance with the Hospital Licensing Law, La. See Louisiana Revised Statutes 40:1248.1
- Member: means a contributing employee who is covered under the provisions of this Chapter. See Louisiana Revised Statutes 11:1732
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Person: means an individual or any legal or commercial entity, including a corporation, business trust, partnership, limited liability company, association, or joint venture. See Louisiana Revised Statutes 3:1
- Rural institutional provider: means a hospital, other than one defined in La. See Louisiana Revised Statutes 40:1248.1
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.