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Ascension Calcasieu East Feliciana Pointe Coupee Red River St. Tammany Vermilion |
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Hon. Lynn Jones, II
President |
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Website Updated Thursday, May 17, 2012 01:11 PM |
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GENERAL PROVISIONS Deferred Benefits
Deferred Retirement – (See R. S. 11:1521 and R. S. 11:1528)
If any member, hired prior to January 1, 2011, who has twelve or more years of credited service terminates employment prior to the time the member becomes fifty-five years of age, the former member may leave his contributions in the fund, and upon attaining the age of fifty-five years will be eligible for a regular retirement benefit.
If any member, hired on or after January 1, 2011, who has twelve or more years of credited service terminates employment prior to the time the member becomes sixty years of age, the former member may leave his contributions in the fund, and upon attaining the age of sixty years will be eligible for a regular retirement benefit.
(The computation of such benefits will be based on the provisions of law which were in effect at the time the former member withdrew from service and will be based on the final compensation (see definition) and creditable service at the time of withdrawal.) |
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* 11745 Bricksome Avenue, Suite B-1 * Baton Rouge, Louisiana 70816 * (800) 256-6660 or (225) 293-1162 * Fax: (225) 291-7859
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