La. Admin. Code tit. 58 § XXV-101

Current through Register Vol. 50, No. 11, November 20, 2024

Section XXV-101 - Definitions

A. Use of the masculine includes the feminine and vice versa. Use of the singular includes the plural and vice versa.

B. The following definitions apply unless the usage clearly indicates another meaning.

Active Member-a member of the Municipal Employees' Retirement System (MERS) who is employed by a participating employer and actively contributing to MERS or who is participating in the Deferred Retirement Option Plan (DROP).

Active Member Trustee-a trustee holding a seat elected by active members of MERS or appointed to such a seat in accordance with R.S. 11:1821 G(4).

Board of Trustees or Board-the board of trustees of the Municipal Employees' Retirement System.

Director-the executive director of the Municipal Employees' Retirement System.

DROP-Deferred Retirement Option Plan.

Inactive Member-a member who is not actively contributing to MERS but is not retired and has left their contributions in the system.

MERS-the Municipal Employees' Retirement System of Louisiana.

Retired Member Trustee-a trustee holding a seat elected by retired members of MERS or appointed to such a seat in accordance with R.S. 11:1821 G(4).

La. Admin. Code tit. 58, § XXV-101

Promulgated by the Department of Treasury, Municipal Employees' Retirement System, LR 482366 (9/1/2022).

AUTHORITY NOTE: Promulgated in accordance with R.S. 11:1823.