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What is the lasers refund form?

If you have terminated from state service and would like to apply for a refund, please complete Form 02‐01: Refund of Accumulated Contributions, found on the LASERS website. Once the completed form is received, receipt will be confirmed, and you will be notified by mail if any additional information is required.

What is the retirement age for LASERS in Louisiana?

Any member who joined LASERS on or after July 1, 2015, shall be eligible to retire if he/she has: 5 years of service or more at age 62 or thereafter.

How long does it take to get a refund from CalSTRS?

Instructions on how to submit your Refund Application are included with the application. Refunds are processed in two phases: You can typically expect to receive a check for your Defined Benefit account balance within 30 days from the date CalSTRS receives your completed application.

Can I withdraw from my lasers account?

If you are selecting a monthly withdrawal and would like your monthly withdrawal directly deposited into your bank account, please attach Form 4-05, Authorization for Direct Deposit. Withdrawals will be processed within two weeks from the date all necessary documents are received by LASERS.

What is the retirement tax form?

The 1099-R tax form reports the amount of income you received during the tax year. The form contains boxes you will need to use to complete your federal and state tax returns. The 1099-R tax forms are mailed by the end of January each year and available to access and download online by logging in to myCalPERS.

What is the retirement tax elimination act?

The Senior Citizens Tax Elimination Act will amend the Internal Revenue Code of 1986 to terminate the inclusion of tier I railroad retirement benefits and Social Security benefits in an individuals gross income.

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