The retirement system shall pay a lump sum refund equal to the difference between the total monthly survivor benefits paid and the total accumulated contributions of the member, to the beneficiaries or the estate of the beneficiaries if the total monthly benefits are not equal to the accumulated contributions of the member. This refund shall not be paid until all eligible monthly benefits have ceased.
R.S. 11:475 active rs title
Survivor refund ACTIVE
Actions
References
None.
Cited by
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History
- enactment Acts 1972, No. 135, §1, eff. July 26, 1972
- amendment Acts 1993, No. 31, §1
- amendment Acts 1997, No. 1109, §1, eff. July 14, 1997