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myLASERS Help – LASERS Set Your Communication Preferences You can receive notifications from LASERS straight to your email or phone Watch the tutorial to learn how to quickly view and or adjust your notifications settings
Retirees – LASERS News Notes for New Retirees Are you newly retired? News and Notes includes information about the advantages of Direct Deposit of your benefit check, how to handle a change of beneficiaries, tax and insurance information, and more View News Notes
Contact – LASERS LASERS representatives are available to assist you Monday – Friday, 7:30 a m – 4:00 p m
as of July 2019 Member’s Gui - lasersonline. org LASERS Website Service Credit Refund of Contributions Purchases of Service Credit Transfers and Reciprocals From Other Retirement Systems Retirement Eligibility and Final Average Compensation Unused Annual and Sick Leave Retirement Options and the Self-Funded COLA
Benefit Payments – LASERS When the 1st Falls on a Weekend or Holiday: Benefit payments are scheduled to be paid on the first of the month However, receipt of your funds can be affected by whether you receive a check or direct deposit and your financial institution’s rules when the first falls on a weekend or holiday If you have questions regarding the availability of your funds, please contact your financial
Authorization for Direct Deposit - lasersonline. org SECTION 3: PAYEE SIGNATURE I hereby authorize the Louisiana State Employees' Retirement System (LASERS) to deposit my net benefit payment to my account at the financial institution designated above and, if necessary, to initiate withdrawals to correct erroneous deposit entries to my account listed above I understand that it is my responsibility to notify LASERS should any changes occur to the
Member Forms – LASERS Application for Repayment of Refunded Service Authorization for Direct Deposit Designation of Beneficiary Refund of Accumulated Contributions Request for First Eligible Letter for Social Security Request for Retirement Benefits Estimate Request for Withdrawal from DROP-IBO Account (for DROP accounts at LASERS) W-4P Withholding Certificate for Periodic Pension or Annuity Payments
Chapter 4: Refund of Contributions - lasersonline. org Overview Members who have terminated from state service may be eligible for a refund of their accumulated contributions in the retirement system Accumulated contributions include all employee contributions paid by a member, excluding interest paid on the repayment of a refund All funds paid to purchase Air Time are considered “accumulated contributions” and will be included in the refund
Chapter 9 Retirement Options LASERS ofers seven retirement options from which members may choose (for information on options for specialty plans, refer to the Specialty Plans section of this chapter) At the time of retirement, a member should review each option thoroughly and choose the option that best suits his or her retirement situation