Louisiana Administrative Code
Title 58 - RETIREMENT
Part XVII - Registrars of Voters Employees' Retirement System
Chapter 3 - Final Average Compensation
Section XVII-301 - Calculation of Post-Drop Final Average Compensation
Universal Citation: LA Admin Code XVII-301
Current through Register Vol. 50, No. 9, September 20, 2024
A.
1. A
member must work for a three month period post-DROP in order to have the
members final average compensation recalculated for any and all purposes
including but not limited to:
a. calculating
the value of creditable service post-DROP;
b. calculating any leave that is converted
post-DROP; and
c. for all other
actuarial and benefit calculation purposes.
2. Otherwise, the members final average
compensation to be utilized for service, leave, and all other actuarial and
benefit calculation purposes post-DROP shall be the final average compensation
used to calculate the DROP benefit.
AUTHORITY NOTE: Promulgated in accordance with R.S. 11:2093 and R.S. 11:2144(I).
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.
