Louisiana Administrative Code
Title 58 - RETIREMENT
Part III - Teachers' Retirement System of Louisiana
Chapter 5 - Deferred Retirement Option Plan (DROP)
Section III-505 - Duration of DROP Participation
Universal Citation: LA Admin Code III-505
Current through Register Vol. 50, No. 9, September 20, 2024
A. Participation in DROP may not exceed a period of three consecutive years.
1. In
order to participate for the maximum three consecutive years, the member must
begin DROP participation within 60 calendar days after the first possible
eligibility requirement for participation is met.
2. The participation period must end not more
than three years and 60 calendar days from the date the member first became
eligible to participate.
3. The
participation period may only be shortened by the participant's termination of
employment or death.
AUTHORITY NOTE: Promulgated in accordance with R.S. 11:826.
Disclaimer: These regulations may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
