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Get the free DROP or ILSB Retiree Alternate Payee Receiving Split Benefit as a ... - trsl

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Teachers' Retirement System of Louisiana 8401 United Plaza Boulevard Baton Rouge, LA 70809-7017 Telephone: (225) 925-6446 www.trsl.org Form 11K-P (11/03) 05-11KP Use for alternate payee only Submit
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How to fill out drop or ilsb retiree:

01
Gather all necessary personal information, such as name, contact details, and social security number.
02
Fill in the retirement start date and specify whether it is a DROP (Deferred Retirement Option Program) or ILSB (Income and Labor Service Benefit) retirement.
03
Provide details about your employment history, including the start and end dates of your service, as well as any periods of military service.
04
Calculate and enter the average final compensation, which is used to determine the retirement benefits.
05
If applicable, indicate any applicable benefits, such as survivor's benefits or disability retirement.

Who needs drop or ilsb retiree:

01
Government employees who are eligible for retirement benefits can consider DROP or ILSB retiree programs.
02
DROP is commonly used by employees who are nearing retirement age but choose to continue working for a specific period before officially retiring.
03
ILSB is often the preferred option for employees who have experienced a serious injury or illness that prevents them from continuing their regular work duties.
Note: Specific eligibility criteria and rules regarding DROP or ILSB retiree programs may vary depending on the organization or government entity. It is recommended to consult the respective retirement plan guidelines or speak to a human resources representative for accurate information.
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DROP or ILSB (Individual Longitudinal Study of Births) retiree is a retired individual who has participated in the DROP or ILSB retirement program in their respective organization.
Any retired individual who has participated in the DROP or ILSB retirement program is required to file the drop or ilsb retiree.
To fill out the drop or ilsb retiree, retired individuals need to submit the required documentation and information specified by their organization's retirement program. This may include personal details, retirement plan options, financial information, and any other relevant information.
The purpose of the drop or ilsb retiree is to provide retired individuals with the opportunity to continue participating in the retirement program while receiving retirement benefits.
The specific information required to be reported on a drop or ilsb retiree may vary depending on the organization's retirement program. Generally, it includes personal details, retirement plan options, financial information, and any other relevant information.
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