§ 11:1928 — Temporary employment of retirees; permanently employed retirees; membership; calculation of additional benefit; retirees in elected positions
A. Any person who has retired under the provisions of this Chapter may be temporarily employed by an employer participating in this plan, subject to the following limitations. If a retiree is under age sixty-five or has not been retired at least three years, he may be employed no more than four hundred eighty hours in a calendar year. If a retiree is age sixty-five or older and has been retired at least three years, he may be employed no more than one thousand forty hours in a calendar year. However, if the retiree is employed longer than the maximum hours stated above, his retirement benefit will be reduced by the amount earned after the allowed number of hours. B.
Free access — add to your briefcase to read the full text and ask questions with AI
Louisiana § 11:1928 (Temporary employment of retirees; permanently employed retirees; membership; calculation of additional benefit; retirees in elected positions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.