RS 11:2091 Board of trustees; membership; vacancies; compensation - Louisiana Statutes

PART V.  ADMINISTRATION

§2091.  Board of trustees; membership; vacancies; compensation

A.  The general administration and responsibility for the proper operation of the retirement system and for making effective the provisions of the Chapter are hereby vested in a board of trustees which shall be organized immediately after a majority of the trustees provided for in this Section shall have qualified and taken the oath of office.

B.  The board shall consist of six trustees as follows:

(1)  The secretary of the Registrars of Voters Association of Louisiana, ex-officio, and

(2)  The president of the Registrars of Voters Association of Louisiana, ex-officio, and

(3)  Four active and contributing members of the system who shall have at least ten years of creditable service who shall be elected by the members of the Registrars of Voters Association according to such rules and regulations as the board of trustees shall adopt to govern such elections.  The term of office of the four elected board members shall be for a period of four years.  If an elected trustee elects to participate in the Deferred Retirement Option Plan after his term has commenced, he may continue to serve for the remainder of the term for which he was elected; however, if he otherwise separates from service, his term shall expire.

C.  If a vacancy occurs in the office of an elected trustee, the board of trustees of the Registrars of Voters Employees' Retirement System shall appoint a member to the unexpired term of office, provided that if the unexpired term is for a period of more than two years, the appointment shall be for the period intervening until the next annual meeting of the Registrars of Voters Association, at which time a member shall be elected to fill the unexpired portion of the term in accordance with the rules governing the election of board members.

D.  The trustees shall receive the per diem provided for in R.S. 11:182(A) and shall be reimbursed from the Expense Fund for all necessary expenses that they may incur through service on the board.

E.  Repealed by Acts 1988, No. 83, §2.

Acts 1954, No. 215, §6(1) to (4), (11); Acts 1988, No. 83, §2; Acts 1989, No. 759, §1; Redesignated from R.S. 18:1761 by Acts 1991, No. 74, §3, eff. June 25, 1991; Acts 1995, No. 684, §1, eff. July 1, 1995.