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Lasers administers 24 retirement plans covering over 150,000 members and their families. Lasers encourages the employer, as well as the member, to make sure eligibility has been met prior to submitting an application and/or terminating. Set your communication preferences you can receive notifications from lasers straight to your email or phone

Watch the tutorial to learn how to quickly view and/or adjust your notifications settings. For information on other types of retirement (regular, drop and disability), refer to chapters 10, 12, and 13, respectively News & notes for new retirees are you newly retired

News and notes includes information about the advantages of direct deposit of your benefit check, how to handle a change of beneficiaries, tax and insurance information, and more

If the member elects to remain in his or her existing retirement plan, then he or she will be enrolled in the existing retirement plan and contribute at the contribution rate of that plan At any point prior to retiring or entering drop, the member may irrevocably elect to join the haz plan Hazardous duty services plan election to. Payee signature i hereby authorize the louisiana state employees' retirement system (lasers) to deposit my net benefit payment to my account at the financial institution designated above and, if necessary, to initiate withdrawals to correct erroneous deposit entries to my account listed above

I understand that it is my responsibility to notify lasers should any changes occur to the. Option 2a pays you a benefit that is reduced from the maximum plan according to the age difference between you and your named beneficiary and pays the same monthly benefit to your named beneficiary after your death for the lifetime of the beneficiary Only one beneficiary can be named and the beneficiary cannot be changed after retirement. When the 1st falls on a weekend or holiday

Benefit payments are scheduled to be paid on the first of the month

However, receipt of your funds can be affected by whether you receive a check or direct deposit and your financial institution’s rules when the first falls on a weekend or holiday If you have questions regarding the availability of your funds, please contact your financial. This chapter outlines the steps to be taken when a member applies for retirement with an initial benefit option (ibo)

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