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Publications and Reports - Publications for Members - This may be your most important LASERS resource. It contains detailed information about LASERS membership, including details defining all categories of our plans, information on the Initial Benefit Option (IBO) and Deferred Retirement Option Plan (DROP) plans, and clear answers to many of the questions you might have about planning for and enjoying your retirement. Download Individual Chapters (text only) - Welcome to LASERS - General Membership - LASERS Website - Service Credit - Refund of Contributions - Purchases of Service Credit - Transfers and Reciprocals From Other Retirement Systems - Retirement Eligibility and Final Average Compensation - Unused Annual and Sick Leave - Retirement Options and the Self-Funded COLA - Estimates - Regular Retirement - Initial Benefit Option (IBO) - Deferred Retirement Option Plan (DROP) - DROP/IBO Account Withdrawals and the Self-Directed Plan - Disability Retirement - Survivor Benefits for Regular Members Hired Prior to January 1, 2011 - Survivor Benefits for Regular Members Hired on or After January 1, 2011 - Re-employed Retirees - Community Property and Divorce - Cost-of-Living Increases - Medicare, Social Security Offsets, and Insurance - Hazardous Duty Services Plan (HAZ PLAN) - Transition to Hazardous Duty Services Plan (HAZ PLAN) - Bridge Police Hired Prior to January 1, 2011 - Correctional Officers Hired Prior to January 1, 2011 - Peace Officers Hired Prior to January 1, 2011 - Alcohol and Tobacco Agents Hired Prior to January 1, 2011 - Wildlife Agents Hired Prior to January 1, 2011 - Legislative Plan Hired Prior to January 1, 2011 - Judges and Court Officers Elected or Hired Prior to January 1, 2011 - Judges Elected on or After January 1, 2011 - Appellate Law Clerks Hired Prior to January 1, 2011 - Your Rights and Duties as a LASERS Member This booklet contains general information about the LASERS benefit package, Direct Deposit information, retirement planning information, websites of interest to LASERS members and retirees, insurance vendors, a personal data organizer, a retirement planning checklist for state employees nearing retirement, and a 12-month retirement planner. Enrollment in this plan closed December 7, 2007. The ORP is a defined contribution plan, and an alternative retirement plan for eligible employees who made an election to particpate in the ORP rather than the LASERS defined benefit plan. ORP members now have the option to rejoin the defined benefit plan. Acronyms & Commonly Used Terms Interested in being involved in an organization designed specifically for you? RSEA is an organization that advocates for pension and healthcare benefits for active and retired Louisiana state employees. This brochure contains information about RSEA and how you can join. Employees of the State of Louisiana who are members of LASERS are not required to pay Social Security tax (certain exceptions do apply). However, if you are entitled to a Social Security benefit (either your own from a previous employment or a spouse's/widow(er)'s benefit), that benefit may be reduced because of the Windfall Elimination Provision (WEP) or the Government Pension Offset (GPO). Your LASERS benefit will not be reduced. Read here to see if your Social Security benefit could be affected. |
Member Connection Email Service
LASERS Member Connection email service is your trusted source for personal and direct communications impacting your retirement as-it-happens. Emails include notifications with links to important, time sensitive information, electronic publications, meeting notices, and legislative updates.
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