La. Admin. Code tit. 58 § I-1301
Current through Register Vol. 50, No. 11, November 20, 2024
Section I-1301 - Conditions Giving Rise to an Emergency RefundA. A refund of accumulated employee contributions may be made in less than 30 calendar days after the date of separation from state service in the following situations: 1. the refund results from the death of the member; or2. the member has significant expenses for medical care for himself, spouse, or child; or3. an emergency situation of the member, which shall consist of the foreclosure on a member's domicile, repossession of the member's vehicle, or eviction of the member from his or her apartment. A document filed in the official legal proceeding for foreclosure or repossession or a notice of eviction shall be required as proof to qualify under this provision. Notices of repossession drafted in compliance with R.S. 6:966 may be reviewed by staff on a case-by-case basis.B. The member shall provide a written request detailing the emergency situation and the executive director shall approve or disapprove the request based on this written request.C. Emergency refunds are available on a one-time basis only. Once a member has taken advantage of this single opportunity and has received a refund under the terms of this Chapter, that member shall no longer be eligible for an emergency refund.La. Admin. Code tit. 58, § I-1301
Promulgated by the Department of Treasury, Board of Trustees of the State Employees' Retirement System, LR 22:373 (May 1996), amended LR 23:1710 (December 1997), LR 31:107 (January 2005), LR 32:1466 (August 2006), Amended LR 4649 (1/1/2020).AUTHORITY NOTE: Promulgated in accordance with R.S. 11:515 and R.S. 11:537(B).