A. A refund of accumulated employee contributions may be made in less than 30 calendar days after the date of separation from state service in the following situations:
- 1. the refund results from the death of the member; or
- 2. the member has significant expenses for medical care for himself, spouse, or child; or
- 3. an emergency situation of the member, which shall consist of the foreclosure on a member's domicile, repossession of the member's vehicle, or eviction of the member from his or her apartment. A document filed in the official legal proceeding for foreclosure or repossession or a notice of eviction shall be required as proof to qualify under this provision. Notices of repossession drafted in compliance with R.S. 6:966 may be reviewed by staff on a case-by-case basis.
- B. The member shall provide a written request detailing the emergency situation and the executive director shall approve or disapprove the request based on this written request.
- C. Emergency refunds are available on a one-time basis only. Once a member has taken advantage of this single opportunity and has received a refund under the terms of this Chapter, that member shall no longer be eligible for an emergency refund.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 11:515 and R.S. 11:537(B).
Historical Note
HISTORICAL NOTE: Promulgated by the Department of Treasury, Board of Trustees of the State Employees' Retirement System, LR 22:373 (May 1996), amended LR 23:1710 (December 1997), LR 31:107 (January 2005), LR 32:1466 (August 2006), amended LR 46:49 (January 2020).