Louisiana Administrative Code
Title 58 - RETIREMENT
Part III - Teachers' Retirement System of Louisiana
Chapter 5 - Deferred Retirement Option Plan (DROP)
Section III-502 - Service Requirements for School Food Service Plan A
Universal Citation: LA Admin Code III-502
Current through Register Vol. 50, No. 9, September 20, 2024
A. Members of School Food Service Plan A of the Teachers' Retirement System of Louisiana (TRSL), in lieu of terminating employment and accepting a retirement allowance, may elect to participate in the deferred retirement option plan (DROP) in accordance with R.S. 11:786-791 when the following eligibility requirements for plan participation are met.
1. 30 years of service credit at any
age;
2. 25 years of service credit
and at least age 55; and
3. 10
years of service credit and at least age 60 (excluding military
service).
AUTHORITY NOTE: Promulgated in accordance with R.S. 11:826.
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