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Minutes from the Louisiana State Employees’ Retirement System's March 2013 Board Meeting detailing discussions on board activities, committee reports, and actions taken.
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How to fill out Louisiana State Employees’ Retirement System Meeting Minutes

01
Begin with the date and time of the meeting.
02
List the names of attendees including board members and staff.
03
State the purpose of the meeting.
04
Record each agenda item discussed.
05
Note any motions made, including who made the motion and who seconded it.
06
Summarize the discussion points for each agenda item.
07
Document the vote outcomes on motions, including votes for, against, and abstentions.
08
Conclude with the time the meeting adjourned.
09
Ensure that the minutes are signed by the meeting chair or secretary.

Who needs Louisiana State Employees’ Retirement System Meeting Minutes?

01
Members of the Louisiana State Employees’ Retirement System Board.
02
State employees participating in the retirement system.
03
Stakeholders interested in the retirement policies and decisions.
04
Auditors and compliance officers reviewing the system's operations.
05
Legal representatives and advisors involved with the retirement system.
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People Also Ask about

The retirement benefit formula is calculated by multiplying the member's final average compensation (FAC) by the member's benefit accrual rate by the member's years of service credit. This is the maximum retirement benefit the member can receive.
LASERS administers a qualified pension and retirement plan under section 401(a) of the Internal Revenue Code. LASERS is a trust fund created to provide retirement and other benefits for state officers, employees, and their beneficiaries.
Retirement Eligibility: Age 60 with 5 years of service credit. Age 55 with 25 years of service credit. Any age with 30 years of service credit.
25 years of service or more at age 55 or later. 10 years of service or more at age 60 or later. At 20 years of service you may retire at any age but your benefit will be reduced on an actuarial basis which is based on your age, length of service and number of years from your regular retirement age.
30 years service credit at any age. 25 years service credit at age 55, 10 years service credit at age 60, or. 20 years service credit at any age with actuarially reduced benefit.
Retiring at 55 might seem too young. You can easily work another decade. Plus, you can't collect Social Security until 62 at the earliest. Even then, you're losing money by receiving benefits before your full retirement age (FRA).

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The Louisiana State Employees’ Retirement System Meeting Minutes are official records that document the discussions, decisions, and actions taken during the meetings of the retirement system's board and committees.
Individuals responsible for maintaining official records, typically board members or the appointed secretary of the Louisiana State Employees’ Retirement System, are required to file the meeting minutes.
To fill out the meeting minutes, one should include the date and time of the meeting, attendees present, a summary of discussions, decisions made, motions passed, and any pertinent actions or follow-ups required.
The purpose of the meeting minutes is to provide a transparent and accurate record of the proceedings, ensuring accountability and facilitating future reference for board members and stakeholders.
The minutes must report the date and time of the meeting, names of attendees, agenda items discussed, summary of discussions, resolutions or decisions made, and any assignments or follow-up actions required.
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