Louisiana § 11:1760 Vesting

Louisiana Statutes

§ 11:1760 — Vesting

Louisiana § 11:1760

Title 11Consolidated Public Retirement Systems

This text of Louisiana § 11:1760 (Vesting) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

La. Stat. Ann. § 11:1760 (2026).

Text

§1760. Vesting A.

(1)Except as provided in R.S. 11:1789.6 or 1808.6, a member who withdraws from active service on or after the revision date prior to becoming eligible for retirement, having at least ten years of creditable service, and having received no refund of his accumulated contributions, shall be entitled to receive a retirement allowance to commence on his earliest normal retirement date.

(2)Such deferred retirement allowance shall be computed according to the provisions of Part III or Part IV which governed such member prior to his withdrawal from service, based on final compensation and creditable service at date of withdrawal.

(3)During the period from the member's date of withdrawal from service to the member's earliest normal retirement date, he shall not be considered to

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§1760. Vesting
A.(1) Except as provided in R.S. 11:1789.6 or 1808.6, a member who withdraws
from active service on or after the revision date prior to becoming eligible for retirement,
having at least ten years of creditable service, and having received no refund of his
accumulated contributions, shall be entitled to receive a retirement allowance to commence
on his earliest normal retirement date.
(2) Such deferred retirement allowance shall be computed according to the
provisions of Part III or Part IV which governed such member prior to his withdrawal from
service, based on final compensation and creditable service at date of withdrawal.
(3) During the period from the member's date of withdrawal from service to the
member's earliest normal retirement date, he shall not be considered to be a member and
therefore shall not be entitled to any benefits due a member. Upon retirement he shall be
entitled to exercise all rights and privileges of a retired member.
B. A member who withdrew from active service prior to the revision date, and
having received no refund of his accumulated contributions, shall be entitled to receive a
vested retirement allowance according to the statutes in effect at time of such withdrawal.
C. Should a vested terminated member return to active employment, he shall become
a member and shall contribute at the current rate.

Legislative History

Acts 1978, No. 788, §1; Acts 1989, No. 580, §1; Redesignated from R.S. 33:7199 by Acts 1991, No. 74, §3, eff. June 25, 1991; Acts 2018, No. 4, §1, eff. July 1, 2018.