LAC 58:XVII.301
LAC 58:XVII.301. Calculation of Post-Drop Final Average Compensation
Cite as La. Admin. Code tit. 58, pt. XVII, § 301
A.1. A member must work for a three month period post-DROP in order to have the member’s final average compensation recalculated for any and all purposes including but not limited to:
a. calculating the value of creditable service post-DROP;
b. calculating any leave that is converted post-DROP; and
c. for all other actuarial and benefit calculation purposes.
2. Otherwise, the member’s final average compensation to be utilized for service, leave, and all other actuarial and benefit calculation purposes post-DROP shall be the final average compensation used to calculate the DROP benefit.