[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-279593-105":3,"doc-detail-279593-en":81,"detail-sidebar-cat-1-en-105":99},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","members-guide-to-retirement-revised-august-2016","Members’ Guide to Retirement - Revised August 2016","","Member’s Guide to Retirement for the Louisiana State Employees’ Retirement System (LASERS) summarizes applicable retirement provisions of law and clarifies how the system administers benefits for members and beneficiaries. The guide outlines LASERS’ mission, governance by the Board of Trustees, funding sources, and key membership eligibility rules, including mandatory participation and common exclusions. It also explains related enrollment requirements for service credit in other state retirement systems, emphasizing that law controls over any summary.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/letters/","Letters",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/members-guide-to-retirement-revised-august-2016/279593/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/members-guide-to-retirement-revised-august-2016/279593.png","ImageObject",442,249,{"name":42,"@type":43},"Sarah ","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-29","2026-09-16",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",16,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What is the purpose of the Member’s Guide to Retirement?","Question",{"text":63,"@type":64},"The guide summarizes provisions of law related to retirement benefits under LASERS. If there is a conflict between the guide and the law, the law controls.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"Who governs the Louisiana State Employees’ Retirement System (LASERS)?",{"text":68,"@type":64},"LASERS is governed by the Board of Trustees, which includes 13 members. Nine are trustees elected by the membership, and four ex officio seats are held by state officials.",{"name":70,"@type":61,"acceptedAnswer":71},"Are all state employees required to be members of LASERS?",{"text":72,"@type":64},"Membership is mandatory for all state employees whose employing agencies are LASERS participants, except those exempted by state law. The guide also lists employees excluded from membership based on eligibility criteria, including examples of excluded groups.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},279593,1790051669,{"code":4,"msg":82,"data":83},"success",{"doc_id":79,"user_id":84,"nickname":42,"user_avatar":85,"doc_module":22,"category_id":86,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":87,"file_id":88,"file_url":89,"file_type":90,"file_size":91,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":92,"language":93,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":94,"faqs":95,"seo_title":96,"seo_description":12,"update_tm":97,"read_time":98},962085320529,"https://ap-avatar.wpscdn.com/davatar_9964176cb1d06d4a9deccf72a44ae3dc",18,"| |  as of July 2019\u003Cbr>Member’s Guide | |\n| --- | --- | --- |\n| to Retirement |  |  |\n| \u003Cbr>Photo by Robin Stevens (Please see pages 100-101) |  |  |\n|  |  |  |\n|  Louisiana State Employees’ Retirement System  |  |  |\n| | \u003Cbr>\u003Cbr>|  |\n\nTable of Contents  \n4 Welcome to LASERS  \n5 General Membership  \n7 LASERS Website  \n9 Service Credit  \n11 Refund of Contributions  \n13 Purchases of Service Credit  \n19 Transfers and Reciprocals From Other Retirement Systems  \n21 Retirement Eligibility and Final Average Compensation  \n23 Unused Annual and Sick Leave  \n26 Retirement Options and the Self-Funded COLA  \n30 Estimates  \n31 Regular Retirement  \n33 Initial Bene t Option (IBO)  \n36 Deferred Retirement Option Plan (DROP)  \n42 DROP/IBO Account Withdrawals and the Self-Directed Plan  \n44 Disability Retirement  \n48 Survivor Bene ts for Regular Members Hired Prior to January 1, 2011  \n52 Survivor Bene ts for Regular Members Hired on or After January 1, 2011  \n56 Re-employed Retirees  \n58 Community Property and Divorce  \n60 Cost of Living Increases  \n61 Medicare, Social Security O􀀞sets, and Insurance  \n63 Hazardous Duty Services Plan (HAZ PLAN)  \n68 Transition to Hazardous Duty Services Plan (HAZ PLAN)  \n71 Bridge Police Hired Prior to January 1, 2011  \n73 Correctional O􀀝cers Hired Prior to January 1, 2011  \n79 Peace O􀀝cers Hired Prior to January 1, 2011  \n82 Alcohol and Tobacco Agents Hired Prior to January 1, 2011  \n85 Wildlife Agents Hired Prior to January 1, 2011  \n89 Legislative Plan Hired Prior to January 1, 2011  \n92 Judges and Court O􀀝cers Prior to January 1, 2011  \n95 Judges Elected on or After January 1, 2011  \n97 Appellate Law Clerks Hired Prior to January 1, 2011  \n99 Your Rights and Duties as a LASERS Member  \n100 Photo Credits  \nPhotos from top to Bottom  \n(10) Mark Fradella  \n(4) Robin Stevens  \n(3) Robin Stevens  \n(Please see pages 100-101)  \nPhotos provided by LASERS members and bene ciaries. Originals may have been altered for design purposes.  \n Welcome to LASERS   \nThe LASERS Mission:  \nTo provide a sound retirement plan for our members through prudent management and exceptional service.  \nThe Louisiana State Employees’ Retirement System (LASERS) was established by an Act of the Louisiana Legislature in 1946. LASERS administers a quali ed pension and retirement plan under section 401(a) of the Internal Revenue Code. LASERS is a trust fund created to provide retirement and other bene ts for state o􀀞cers, employees, and their bene ciaries.  \nThe LASERS Board of Trustees governs your retirement system. The Board is composed of 13 members, nine of whom are elected by the membership. Six of the elected Trustees are chosen by active members of LASERS. Three of the elected Trustees are chosen by retirees. Four ex o􀀞cio seats are occupied by the Louisiana State Treasurer, the Chair of the Louisiana Senate Committee on Retirement, a member of the Louisiana House of Representatives Committee on Retirement appointed by the Speaker  \nof the House, and the Commissioner of Administration. Monthly Board meetings are open to the public, and take place in the fourth 􀀝oor board room of the Louisiana Retirement Systems Building, located at 8401 United Plaza Boulevard, in Baton Rouge.  \nThe LASERS trust fund is the source of all bene ts paid to LASERS members and their bene ciaries. Funding comes from three sources:  \n• Employee contributions  \n• Employer contributions  \n• Earnings from investments  \nLASERS manages one-third of its investments portfolio internally, saving millions of dollars per year in professional management fees.  \nThis Member’s Guide to Retirement is intended to summarize provisions of law. It does not purport to fully state the law. If any con􀀝ict arises between this guide and the law, the law controls.  \n4  Revised August 2016  \n(1) Photo by Robin Stevens (Please see pages 100-101)  \nGeneral Membership  \nMembership  \n( La. R.S. 11:441 and  11:413 )  \nMembership in LASERS is mandatory for allstate employees whose employin","cbCaidJZn4xoZ69Y","https://ap.wps.com/l/cbCaidJZn4xoZ69Y","pdf",7503004,102,"English","# Table of Contents\n## Welcome to LASERS\n### General Membership\n## LASERS Website\n## Service Credit\n## Refund of Contributions\n## Purchases of Service Credit\n## Transfers and Reciprocals From Other Retirement Systems\n## Retirement Eligibility and Final Average Compensation\n## Unused Annual and Sick Leave\n## Retirement Options and the Self-Funded COLA\n## Estimates\n## Regular Retirement\n## Initial Benefit Option (IBO)\n## Deferred Retirement Option Plan (DROP)\n## DROP/IBO Account Withdrawals and the Self-Directed Plan\n## Disability Retirement\n## Survivor Benefits for Regular Members Hired Prior to January 1, 2011\n## Survivor Benefits for Regular Members Hired on or After January 1, 2011\n## Re-employed Retirees\n## Community Property and Divorce\n## Cost of Living Increases\n## Medicare, Social Security Offsets, and Insurance\n## Hazardous Duty Services Plan (HAZ PLAN)\n## Transition to Hazardous Duty Services Plan (HAZ PLAN)\n## Bridge Police Hired Prior to January 1, 2011\n## Correctional Officers Hired Prior to January 1, 2011\n## Peace Officers Hired Prior to January 1, 2011\n## Alcohol and Tobacco Agents Hired Prior to January 1, 2011\n## Wildlife Agents Hired Prior to January 1, 2011\n## Legislative Plan Hired Prior to January 1, 2011\n## Judges and Court Officers Prior to January 1, 2011\n## Judges Elected on or After January 1, 2011\n## Appellate Law Clerks Hired Prior to January 1, 2011\n## Your Rights and Duties as a LASERS Member","[{\"question\":\"What is the purpose of the Member’s Guide to Retirement?\",\"answer\":\"The guide summarizes provisions of law related to retirement benefits under LASERS. If there is a conflict between the guide and the law, the law controls.\"},{\"question\":\"Who governs the Louisiana State Employees’ Retirement System (LASERS)?\",\"answer\":\"LASERS is governed by the Board of Trustees, which includes 13 members. Nine are trustees elected by the membership, and four ex officio seats are held by state officials.\"},{\"question\":\"Are all state employees required to be members of LASERS?\",\"answer\":\"Membership is mandatory for all state employees whose employing agencies are LASERS participants, except those exempted by state law. The guide also lists employees excluded from membership based on eligibility criteria, including examples of excluded groups.\"}]","Members’ Guide to Retirement - Revised August 2016 | PDF",1789523672,36,{"code":4,"msg":82,"data":100},[101,106,111,116,121,125,130,133,138],{"id":102,"doc_module":22,"doc_module_name":25,"category_name":103,"show_sort_weight":104,"slug":105},11,"Presentations",90,"presentations",{"id":107,"doc_module":22,"doc_module_name":25,"category_name":108,"show_sort_weight":109,"slug":110},12,"Resumes",80,"resumes",{"id":112,"doc_module":22,"doc_module_name":25,"category_name":113,"show_sort_weight":114,"slug":115},14,"Invoices",70,"invoices",{"id":117,"doc_module":22,"doc_module_name":25,"category_name":118,"show_sort_weight":119,"slug":120},15,"Posters",60,"posters",{"id":55,"doc_module":22,"doc_module_name":25,"category_name":122,"show_sort_weight":123,"slug":124},"Social Media",50,"social-media",{"id":126,"doc_module":22,"doc_module_name":25,"category_name":127,"show_sort_weight":128,"slug":129},17,"Forms",40,"forms",{"id":86,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":131,"slug":132},30,"letters",{"id":134,"doc_module":22,"doc_module_name":25,"category_name":135,"show_sort_weight":136,"slug":137},21,"Paper Templates",5,"papers-templates",{"id":139,"doc_module":22,"doc_module_name":25,"category_name":140,"show_sort_weight":4,"slug":141},158,"General","general-158"]