July 1, 2014
The information contained in this pamphlet is valid as of July 1, 2014 and is meant to be an extract of the most important Louisiana Revised Statutes related to the Assessors' Retirement Fund effective on that date. Other sections of the state's revised statutes and/or federal codes and regulations may affect members' retirement benefits. All of this information is subject to legislative amendment and revision and/or changes that may be adopted and implemented by the fund's Board of Trustees without notice.
THIS SUMMARY PRESENTATION OF PLAN PROVISIONS IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IN NO WAY CONSTITUTES A CONTRACT BETWEEN YOU AND THE RETIREMENT FUND. THIS IS NOT A LEGAL DOCUMENT AND IT IS NOT INTENDED TO SERVE AS A BASIS FOR LEGAL INTERPRETATION. THE LOUISIANA REVISED STATUTES AND CONSTITUTION, RELEVANT FEDERAL REGULATIONS AND LAWS, AND THE OFFICIAL BOARD POLICIES SHALL SERVE TO GUIDE DECISIONS RELATED TO MEMBERS AND EMPLOYERS PARTICIPATING IN THE ASSESSORS' RETIREMENT FUND.
Official legal references for the Assessors' Retirement Fund are found in the Louisiana Revised Statutes 11:1401 through 1494. (See also Louisiana Revised Statutes 11:1 through 323. Many of these general retirement provisions apply to the Assessors' Retirement Fund.) The retirement fund and its members and employers are covered by other sections of state law and by federal laws and regulations. This booklet in no way attempts to provide a full restatement of all applicable laws or regulations. Instead, it is meant to provide convenient access to many of the statutory provisions of law. It is a tool meant to assist members and employers in making decisions related to matters of retirement planning. For questions related to specific cases and for information on matters not covered in this booklet, please contact the retirement system office. Members should not rely solely on this booklet to estimate their benefit or make final decisions related to eligibility for benefits.
This pamphlet attempts to provide a restatement of the Louisiana Revised Statutes under which the retirement fund operates. There may be specific statutes, rules, policies, or regulations which, when and where applicable, could cause results different from the rules stated herein, based on individual and/or unique factual situations. Sections or subsections of the revised statutes that in no way pertain to the Assessors' Retirement Fund are indicated by the use of the statement "Not applicable to Assessors' Retirement Fund". Although every attempt was made to avoid any typographical or formatting errors, if errors are found they will be fixed in future printings.
As a qualified public pension plan, the Assessors' Retirement Fund is subject to certain IRS codes and regulations. This handbook does not include such codes and regulations. Additionally, this handbook does not include provisions related to the Deferred Retirement Option Plan (DROP), formerly located in R.S. 11:1456. This section was repealed by Acts 2008, No. 398.
Any questions you may have regarding your rights in the fund and any other matter involving the fund should be directed to the fund's office, preferably in writing. Please provide your social security number and the name of your employing Assessor's office in all correspondence.
Address correspondence to: Louisiana Assessors' Retirement Fund
P. O. Box 14699
Baton Rouge, Louisiana 70898
Physical Address: 3060 Valley Creek Drive
Baton Rouge, Louisiana 70808
Telephone numbers: (225) 928-8886 or (800) 925-4446 and facsimile number (225) 928-4677.
For additional information on the retirement fund, log onto www.louisianaassessors.org.