Louisiana § 11:2241.4 Eligibility for retirement

Louisiana Statutes

§ 11:2241.4 — Eligibility for retirement

Louisiana § 11:2241.4

Title 11Consolidated Public Retirement Systems

This text of Louisiana § 11:2241.4 (Eligibility for retirement) 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. § 11:2241.4 (2026).

Text

§2241.4. Eligibility for retirement A. Any member of this subplan shall be eligible for retirement if the member has:

(1)Twenty-five years or more of service, at any age.

(2)Twelve years or more of service, at age fifty-five or thereafter.

(3)Twenty years of service credit at any age, exclusive of unused annual and sick leave and military service other than qualified military service as provided in 26 U.S.C. 414(u) earned on or after December 12, 1994. Any person retiring under this Paragraph shall have his benefit, inclusive of military service credit and allowable unused annual and sick leave, actuarially reduced. Any member retiring under this Paragraph shall have his benefit actuarially reduced from the earliest age that the member would normally become eligible for a regular retire

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§2241.4. Eligibility for retirement
A. Any member of this subplan shall be eligible for retirement if the member has:
(1) Twenty-five years or more of service, at any age.
(2) Twelve years or more of service, at age fifty-five or thereafter.
(3) Twenty years of service credit at any age, exclusive of unused annual and sick
leave and military service other than qualified military service as provided in 26 U.S.C.
414(u) earned on or after December 12, 1994. Any person retiring under this Paragraph shall
have his benefit, inclusive of military service credit and allowable unused annual and sick
leave, actuarially reduced. Any member retiring under this Paragraph shall have his benefit
actuarially reduced from the earliest age that the member would normally become eligible
for a regular retirement benefit under Paragraph (2) of this Subsection based upon his years
of service as of the date of retirement. Any employee who elects to retire under the
provisions of this Paragraph shall not be eligible to participate in the Deferred Retirement
Option Plan provided by R.S. 11:2221 or the Initial Benefit Option provided by R.S.
11:2224(F).
(4) Seven years or more of service, at age sixty-two or thereafter, if the person is an
elected chief of police who is not eligible for retirement under Paragraph (1), (2), or (3) of
this Subsection and is prohibited from continuing employment as a chief with the same
employer due to term limits. Any person retiring under this Paragraph shall provide
sufficient documentation to the retirement system proving that the person meets these
requirements and shall irrevocably elect not to receive additional service credit or accrue any
additional retirement benefit in the retirement system if the person subsequently becomes
reemployed. Such election shall be in writing and filed with the board of trustees before the
effective date of the retiree's retirement. During any subsequent employment, the retiree and
his employer shall make contributions to the retirement system as provided by this Chapter.
Upon termination of subsequent employment, employee contributions paid since
reemployment shall, upon application, be refunded, without interest, to the retiree. The
retirement system shall retain the employer contributions and interest of the contributions.
B. Members of the subplan who have service credit in more than one subplan shall
meet retirement eligibility based upon the reciprocal recognition provisions of R.S. 11:142.

Legislative History

Acts 2012, No. 522, §1; Acts 2020, No. 249, §1, eff. July 1, 2020; Acts 2024, No. 536, §1, eff. June 10, 2024; Acts 2024, No. 673, §1, eff. July 1, 2024.