FAQs - Retired Member FAQs

1. When will I get my first benefit check/payment?
2. Will LASERS send me a retirement check stub every month if I receive an Electronic Funds Transer (also called direct deposit)?
3. I am a retiree. Are my retirement benefits taxable?
4. Will LASERS send me something for my taxes?
5. How do I get a verification of income letter?
6. How long does it take to receive an income verification letter?
7. I have a credit union deduction from my retirement check. How can I stop it
8. I have questions about my health insurance plan and premiums. Who should I contact
9. I have questions about my life insurance policy. Who should I contact?
10. How do I access Retired Member Self-Service?
    

1. When will I get my first benefit check/payment?

Retirement benefit payments usually begin within 30 to 45 days after the effective date of your retirement. However, delays may occur if requested documentation is not received in a timely manner.
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2. Will LASERS send me a retirement check stub every month if I receive an Electronic Funds Transfer (also called direct deposit)?

No, LASERS will not send a retirement check stub unless there is a change in your monthly retirement amount.
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3. I am a retiree. Are my retirement benefits taxable?

As a LASERS retiree you are exempt from State taxes on your LASERS pension. You are required to pay Federal taxes on the pension.
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4. Will LASERS send me something for my taxes?

Yes. A 1099 will be issued to you each year.
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5. How do I get a verification of income letter?

You must send a request in writing to LASERS, P. O. Box 44213, Baton Rouge, LA or by fax to 225.935.2856 and a completed letter will be mailed or faxed to you according to your request.
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6. How long does it take to receive an income verification letter?

Once a verification request is received, it usually is processed within 10 business days.
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You must contact the credit union to have this deduction stopped; otherwise, it will continue to be deducted from your retirement check.
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You must contact the insurance carrier or your former employing agency for detailed health plan information.
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You must contact the insurance carrier or your former employing agency for detailed life insurance information.
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10. How do I access Retired Member Self-Service ?

Click here to download instructions on how to access Retired Member Self-Service.