La. Admin. Code tit. 58 § V-909
Current through Register Vol. 50, No. 11, November 20, 2024
A. A spouse or parent may receive only one pension [R.S. 11:3378.A(1)(2)].B. Neither a retiree nor a surviving spouse shall receive a pension less than $300 per month (R.S. 11:3383).C. Once a firefighter has retired and elected an optional benefit under R.S. 11:3385, neither the designated joint annuitant nor the optional form of benefit may be changed. When the survivor designated as a joint annuitant dies, no further survivor benefit shall be payable.D. No benefit or joint annuity payable under R.S. 11:3385 shall exceed the actuarial value of the participant's benefit.E. Unless the benefit payable is a refund of the participant's own contributions together with any interest payable thereon or is payable under R.S. 11:3378.B, no lump sum benefits shall be payable by this fund (R.S. 11:155).La. Admin. Code tit. 58, § V-909
Promulgated by the Board of Trustees of the Firefighters' Pension and Relief Fund for the City of New Orleans and Vicinity, LR 20:184 (February 1994).AUTHORITY NOTE: Promulgated in accordance with R.S. 11:3361 and R.S. 11:3378 et seq.