2009 Louisiana Laws TITLE 11 Consolidated public retirement :: RS 11:62 Employee contribution rates established

§62.  Employee contribution rates established

Employee contributions to state and statewide public retirement systems shall be paid at the following rates:

(1)  Assessors' Retirement Fund - 8%.

(2)  Clerks' of Court Retirement and Relief Fund - 8.25%.

(3)  Firefighters' Retirement System - 8%.

(4)  Louisiana School Employees' Retirement System - 7.5%.

(5)  Louisiana State Employees' Retirement System:

(a)  Judges, court officers, the governor, lieutenant governor and legislators - 11.5%.

(b)  Public safety service employees referred to as "member" or "members" in R.S. 11:601(B); peace officers employed by the Department of Public Safety and Corrections, office of state police, other than state troopers, as provided in R.S. 11:444(A)(2)(b); and  personnel employed by the Department of Revenue, office of alcohol and tobacco control, as provided in R.S. 11:444(A)(2)(c) - 9%.

(c)  Clerk of the House and Secretary of the Senate - 9.5%.

(d)  Wildlife Agents - 9.5%.

(e)  All others:

(i)  Employed on or before June 30, 2006 - 7.5%

(ii)  Employed on or after July 1, 2006 - 8%

(f)  Bridge Police - 8.5% for those employees eligible for the benefit provided by R.S. 11:441(F).

(6)  Municipal Police Employees' Retirement System - 8%.

(7)  Municipal Employees' Retirement System of Louisiana.  Plan A - 9.25%.  Plan B - 5%.

(8)  Parochial Employees' Retirement System of Louisiana:

(a)  Plan A - 9.5%.

(b)  Plan B -  3%.

(c)  Plan C - 5%.

(9)  Sheriffs' Pension and Relief Fund - Not less than 9.8%, nor more than 10.25%, as determined by the board of trustees in consultation with the actuary for the fund.

(10) State Police Pension and Retirement System - 8.5%.

(11)  Teachers' Retirement System of Louisiana:

(a)  School lunch Plan A - 9.1%.

(b)  School lunch Plan B - 5%.

(c)  All others - 8%.

(12)  District Attorneys' Retirement System - 7%.

(13)  Registrars of Voters Employees' Retirement System - 7%.

Acts 1988, No. 81, §2, eff. July 1, 1989; Acts 1988, 2nd Ex. Sess., No. 6, §2, eff. Oct. 31, 1988; Acts 1989, No. 145, §2, eff. July 1, 1989; Acts 1990, No. 340, §1, eff. Sept. 1, 1990; Acts 1991, No. 345, §1, eff. Jan. 1, 1992; Acts 1991, No. 397, §1, eff. July 1, 1991; Acts 1992, No. 248, §1, eff. July 1, 1992; Acts 1992, No. 253, §1, eff. July 1, 1992; Acts 1995, No. 1117, §1, eff. June 30, 1995; Acts 1997, No. 867, §1, eff. July 1, 1997; Acts 1997, No. 1277, §1, eff. July 1, 1997; Acts 1999, No. 496, §1, eff. June 30, 1999; Acts 1999, No. 1320, §1, eff. July 12, 1999; Acts 2001, No. 695, §1, eff. Jan. 1, 2002; Acts 2001, No. 703, §1, eff. July 1, 2001; Acts 2001, No. 746, §1, eff. Dec. 31, 2001; Acts 2001, No. 897, §1, eff. July 1, 2001; Acts 2001, No. 911, §1, eff. July 1, 2001; Acts 2003, No. 703, §1, eff. July 1, 2003; Acts 2004, No. 782, §1, eff. July 1, 2004; Acts 2005, No. 75, §1, eff. July 1, 2005; Acts 2006, No. 835, §1, eff. July 1, 2006; Acts 2007, No. 353, §1, eff. June 30, 2007; Acts 2009, No. 480, §1, eff. Oct. 1, 2009.

NOTE:  See Acts 2001, No. 703, §§5 & 6, relative to effectiveness and applicability of Act.

NOTE:  See Acts 2004, No. 782, §2, relative to the Sheriffs' Pension and Relief Fund increasing the employee contribution rate to cover one-half of costs of additional benefits provided by Acts 2004, Nos. 854, 855, and 866.

NOTE:  See Acts 2004, No. 7, §6, providing that the Act shall not affect or change any law relative to retirement or retirement or survivor benefits of employees of the Dept. of Public Safety and Corrections.