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Retirement Benefits

Retirement Benefits

Authority: 
Business Affairs
Date enacted or revised: 
n/a
In F/S Handbook: 
no

All faculty who meet the eligibility requirements of Teacher Retirement of Louisiana must become a member of the Retirement System or enroll in one of the Optional Retirement Plans offered through the University.  The Teacher Retirement System of Louisiana provides retirement benefits based on years of credited service.  O.R.P. provides retirement benefits based on rate of return on monies contributed to the plan.  The accrual of sick leave and annual leave that may be used for retirement purposes is established by the appropriate retirement system policy and not by McNeese State University.

For information concerning retirement, faculty should contact the Office of Human Resources.