Frequently asked questions

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       When are retirement benefits paid each month?
       For those retirees who receive a check, checks are mailed on the last business day of the month. For those retirees who receive payments by electronic deposit, funds are deposited to your bank account on the first business day of the month.

       When can a replacement check be issued?
       The retirement system must allow the U.S. Postal Service ten business days to deliver retirement checks. If a retiree has not received his check, he can contact our office by phone. We will then verify the mailing address that we have on record and will provide the date that replacement checks will be issued that month. The retiree will be instructed to contact our office if he has not received his check on the replacement date. Once a check is considered lost, our office will place a stop payment and reissue a replacement check.

       Why do I have to provide a copy of a voided check or deposit slip with my request for electronic deposit?
       In order to set up electronic deposit for a retiree, it is necessary to have the depository's routing number, which identifies the institution. A voided check or deposit slip will contain this information, as well as the retiree's account number, which is clearly imprinted. Having the correct routing number and account number is critical for the proper delivery of electronic payments.

       Why is a power of attorney needed if someone other than a spouse is listed on my checking or savings account?
       Our system requires that a power of attorney be executed for retirees who have someone other than a spouse listed on their checking or savings account. This document will serve to protect the system in the event that a retiree dies and payments are owed to the system. The authorized individual on the retiree's account acknowledges in the power of attorney that he will be required to return any overpayment of funds to the retirement system at the time of a retiree's death. Our office can provide the document that must be executed by the retiree and the individual listed on the account in the presence of a notary.

       How many hours can I work after retirement?
       The restrictions discussed in this response pertain to those retirees who retired under the normal retirement provisions of the plan. If a member participated in DROP or has retired under disability retirement, the restrictions differ, and you should contact our office. 

If a retiree who did not participate in DROP returns to work for his former employer or any parish or district, which participates in this retirement system as a part-time employee, he can work 480 hours per calendar year without having his retirement benefit affected. If a retiree has been retired for at least three years and is at least age 65, he can work 1,040 hours per calendar year without having his retirement benefit affected. 

If the above-stated limits are exceeded, the retiree's benefit will be offset, dollar for dollar, by earnings in excess of these limits. 

When a retiree returns to full-time employment, benefits must cease, and retirement contributions must begin. Thus, new service credit will be earned, adding to the benefit that will be paid once the member retires again. 

The employer and the employee are jointly responsible for advising our office if a          retiree returns to part-time or full-time status.