INSURANCE, DEFERRED COMPENSATION, AND RETIREMENT
Section 4-1. Group Insurance
Employees of the Southern University System, including retirees, may
participate in the State of Louisiana Employees Uniform Group Insurance Program
in accordance with rules and regulations established for that program. The
University will pay the appropriate employer portion of the cost for employees
who elect to participate in this program.
Section 4-2. Other Group Insurance or Benefit
The Southern University System may make available to employees, through
payroll deduction procedures or otherwise, other types of group coverage or
benefit programs that are considered to be of particular interest and benefit to
its employees. The inauguration of any such plan will be made only upon approval
of the President, and no contribution will be made toward the cost of such
additional programs without the approval of the Board.
Section 4-3. Deferred Compensation.
All employees of the Southern University System are eligible to participate
in the Deferred Compensation Plan of the State of Louisiana. This Plan, which is
supervised by the State of Louisiana Deferred Compensation Commission, provides
an opportunity for employees to defer payment of current federal and state
income taxes on a portion of income derived from the state.
Section 4-4. Retirement Plans.
All non-student regular employees of the Southern University System will be
members of one of the following retirement plans, unless ineligible by
provisions of the retirement system; however, no employee may be a member of
more than one retirement plan.
A. Teachers' Retirement System of Louisiana.
Employees who are members of this System and who are required or permitted,
under appropriate law and regulations of the System, to continue as members, may
B. Louisiana State Employees' Retirement System.
Employees who are members of this System who are required or permitted, under
appropriate law and regulations of the System, to continue as members, may do
C. United States Civil Service Retirement System.
Personnel of the Cooperative Extension Service who are required to become
members of the United States Civil Service Retirement System shall be members of
D. Old Age and Survivors Insurance (Social Security).
In specific cases, persons who are ineligible to participate in one of the
three retirement plans mentioned above may contribute to and participate in OASI
Section 4-5. Conditions of Retirement.
Eligibility for retirement shall be in accordance with the provisions of the
respective retirement systems.
Section 4-6. Emeritus Titles.
A. Supervisor Emeritus
The title of Supervisor Emeritus shall be conferred by the Board of
Supervisors from time to time, as the occasion arises, upon a former Trustee who
has served one or more full terms and has rendered outstanding service and
demonstrated a longstanding commitment to the Board and University System.
Recommendations for Supervisor Emeritus designations shall be tendered
to the Board for approval by the Governance Committee. The Governance Committee
shall also recommend to the Board the criteria and procedures to follow when
considering designation of the Supervisor Emeritus Title.
Supervisor Emeriti will be entitled to receive notices and minutes of all
Board meetings, as well as invitations to Board and University - sponsored
The conferring of this status shall ordinarily be in a public ceremony so
that appropriate acknowledgment from the Board and Administration can be given
in appreciation of the recipient's distinguished trustee service.
B. Professor Emeritus
The Board, at its discretion, may elect to confer the title of professor
emeritus on persons with academic rank who, upon retirement from the
University, have attained the rank of professor and who have made outstanding
contributions to the University.
The President, with the assistance of the Chancellors, shall appoint a
system-wide committee to formulate system-wide procedures and criteria for
conferring of the title of professor emeritus.
If feasible, the holder may be granted such amenities as office space,
secretarial services and research facilities. The holder will be granted use of
the library, free passes to cultural events, free parking privileges, and
consideration for appointment to University advisory councils and