§ 11:2075 — Return of accumulated contributions

§2075. Return of accumulated contributions
If a member ceases to be an employee, except by death or retirement under the
provisions of this Chapter, he shall be paid such part of the amount of the accumulated
contributions standing to the credit of his individual account in the annuity savings fund as
he shall demand. If a member dies before retirement, the amount of his accumulated
contributions standing to the credit of his individual account shall be paid to his estate or to
such person as he shall have nominated by written designation, duly executed and filed with
the board of trustees. If an employee returns to membership in the system after withdrawing
his contributions, he may repay the amount which he withdrew, plus interest at a rate
determined by the board of trustees, and upon such repayment, he shall again be given credit
for the service he forfeited at the time he withdrew.

Legislative History

Acts 1954, No. 215, §5(6). Amended by Acts 1976, No. 526, §1; Redesignated from R.S. 18:1736 by Acts 1991, No. 74, §3, eff. June 25, 1991; Acts 2018, No. 255, §1, eff. July 1, 2018.