Louisiana § 11:1136 Conversion of leave to membership credit

Louisiana Statutes

§ 11:1136 — Conversion of leave to membership credit

Louisiana·Title 11 Consolidated Public Retirement Systems

A.When a member applies for service retirement, his accrued annual leave and unused sick leave accumulated while a member of this system or any other funded state retirement system may be added to his membership service for the purpose of computing any retirement benefits to which he is entitled.

B.Only accrued annual leave and unused sick leave accumulated up to the amount permitted all employees by the employing school board and/or state agency and only accrued annual leave and unused sick leave in excess of the amount for which payment is received and for which accurate verifiable records have been maintained shall be added to his membership service.

C.Unused sick and accrued annual leave shall not be used to make a member eligible for retirement.

D.Unused sick leave and unused annu

Free access — add to your briefcase to read the full text and ask questions with AI

A. When a member applies for service retirement, his accrued annual leave and unused sick leave accumulated while a member of this system or any other funded state retirement system may be added to his membership service for the purpose of computing any retirement benefits to which he is entitled.
B. Only accrued annual leave and unused sick leave accumulated up to the amount permitted all employees by the employing school board and/or state agency and only accrued annual leave and unused sick leave in excess of the amount for which payment is received and for which accurate verifiable records have been maintained shall be added to his membership service.
C. Unused sick and accrued annual leave shall not be used to make a member eligible for retirement.
D. Unused sick leave and unused annual leave which converts to less than one-tenth of one year shall not be used in the computation of benefits.

Louisiana § 11:1136 (Conversion of leave to membership credit) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Acts 1971, No. 166, §1; Redesignated from R.S. 17:903.1 by Acts 1991, No. 74, §3, eff. June 25, 1991; Acts 1995, No. 561, §1; Acts 2003, No. 642, §1.