Louisiana § 11:723 Members employed in other state employment; exception

Louisiana Statutes

§ 11:723 — Members employed in other state employment; exception

Louisiana·Title 11 Consolidated Public Retirement Systems

§723. Members employed in other state employment; exception A.

(1)Notwithstanding any enrollment error occurring prior to January 1, 1992, and except as provided in Subsection C of this Section, any person who is a member of the Teachers' Retirement System of Louisiana, who has creditable membership service of at least five years in this system and who becomes employed in other state or public employment where he is no longer eligible for membership in this system but is eligible for membership in another state or statewide retirement system, shall have the right to remain a member of this system in lieu of membership in the other retirement system by filing a notice, in writing, with the board of trustees within sixty days after the effective date of employment. Such election shall be irr

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§723. Members employed in other state employment; exception
A.(1) Notwithstanding any enrollment error occurring prior to January 1, 1992, and
except as provided in Subsection C of this Section, any person who is a member of the
Teachers' Retirement System of Louisiana, who has creditable membership service of at least
five years in this system and who becomes employed in other state or public employment
where he is no longer eligible for membership in this system but is eligible for membership
in another state or statewide retirement system, shall have the right to remain a member of
this system in lieu of membership in the other retirement system by filing a notice, in writing,
with the board of trustees within sixty days after the effective date of employment. Such
election shall be irrevocable.
(2) If a member is not informed of his right to remain a member of the Teachers'
Retirement System of Louisiana, the system, upon satisfactory proof, including a written
verification by the member's new employer that he was not properly informed of his right to
retain membership in the system, may allow such member to retain his membership in the
Teachers' Retirement System of Louisiana. Any contributions due the Teachers' Retirement
System of Louisiana shall be accepted and processed only in accordance with the provisions
of R.S. 11:888.
B. Repealed by Acts 2014, No. 727, §2, eff. July 1, 2014.
C. The provisions of this Section shall not be applicable to employees covered by the
Clerks' of Court Retirement and Relief Fund or the Parochial Employees' Retirement System
of Louisiana.

Louisiana § 11:723 (Members employed in other state employment; exception) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 1987, No. 903, §1; Acts 1991, No. 644, §1, eff. July 1, 1991; Redesignated from R.S. 17:593 by Acts 1991, No. 74, §3, eff. June 25, 1991; Acts 1992, No. 843, §1, eff. July 8, 1992; Acts 1993, No. 362, §1, eff. June 3, 1993; Acts 1997, No. 1353, §1, eff. July 1, 1997; Acts 2003, No. 536, §1, eff. July 1, 2003; Acts 2004, No. 631, §1, eff. July 5, 2004; Acts 2014, No. 727, §§1, 2, eff. July 1, 2014; Acts 2018, No. 342, §1, eff. June 30, 2018.