Louisiana Administrative Code
Title 58 - RETIREMENT
Part III - Teachers' Retirement System of Louisiana
Chapter 3 - Charter Schools
Section III-303 - Membership
Current through Register Vol. 50, No. 9, September 20, 2024
A. For a nonprofit corporation operating multiple approved charter schools in the state with at least one participating charter school, but where not all of the nonprofit corporations approved charter schools in the state are participating charter schools, system membership of employees who are assigned to work (for all or part of their time) at a participating charter school shall be determined as follows.
B. Notwithstanding the provisions of Subsection A, if all of the approved charters in the state held by a nonprofit corporation are participating charter schools, the employees of the nonprofit corporation who are employed for the purposes of operating the charter schools shall be deemed to be employed in a public elementary or secondary school in the state for purposes of eligibility for any and all retirement benefits which would otherwise accrue under state law to such an employee in any other elementary or secondary school.
AUTHORITY NOTE: Promulgated in accordance with R.S. 11:826.