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Current as of January 01, 2023 | Updated by FindLaw Staff
A retiree who retired under the provisions of Act No. 455 of the 2001 Regular Session and was rehired prior to the effective date of this Section in employment which otherwise would render him eligible for membership in the system shall choose one of the following irrevocable options:
(1) Option 1 as provided in R.S. 11:416(A).
(2) Option 2 as provided in R.S. 11:416(A).
(3) Option 3 as provided in R.S. 11:416(A).
(4) Option 4. At the request of the retiree his retirement benefits shall be suspended for twelve months following the effective date of his retirement or until his reemployment ends, whichever occurs first. The retiree shall receive his retirement benefits after such suspension, but he shall accrue no additional service credit during reemployment. Under this option, neither the retiree nor the employer shall make any contribution to the system.
Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 11, § 416.1. Reemployment of retirees under Act No. 455 of the 2001 Regular Session - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-11-sect-416-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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