La. Admin. Code tit. 58 § I-907
Current through Register Vol. 50, No. 11, November 20, 2024
Section I-907 - Credit for Eligibility or Benefit PurposesA. In accordance with provisions of USERRA, a member shall receive credit for purposes of determining eligibility for retirement at no cost to the individual or agency. In order to receive credit for purposes of calculating the retirement benefit, contributions shall be paid to the retirement system in accordance with section 414(u) of the Internal Revenue Code. If the employee was on paid leave during the period of active military service, the employee has received retirement credit for that service and no additional information need be furnished to the retirement system.La. Admin. Code tit. 58, § I-907
Promulgated by the Department of Treasury, Board of Trustees of the State Employees' Retirement System, LR 22:373 (May 1996), Amended by the Department of Treasury, Board of Trustees of the Louisiana State Employees' Retirement System, LR 431987 (10/1/2017).AUTHORITY NOTE: Promulgated in accordance with R.S. 29:411 and R.S. 11:515.