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97-C-1178
State: Louisiana
Court: Supreme Court
Docket No: 97-C-1178
Case Date: 01/01/1998
Preview:SUPREME COURT OF LOUISIANA
No. 97-C-1178

SHERRIE JEAN EDDLEMON BAILEY Versus JAMES MARVIN BAILEY ON WRIT OF CERTIORARI TO THE COURT OF APPEAL, THIRD CIRCUIT, PARISH OF RAPIDES

LEMMON, Justice* This is an action to partition community property. The asset at issue at this stage of the proceeding is a retirement account in the name of James Bailey, an employee of the State of Louisiana and a member of the Louisiana State Employees Retirement System (LASERS). The funds in the account were credited by LASERS over a maximum period of three years as part of a deferred retirement plan in accordance with La. Rev. Stat. 11:447-451, the Deferred Retirement Option Plan (DROP) for eligible members of LASERS which allowed payment of earned retirement benefits into a DROP account based on fictitious retirement while the employee continued to work. At the beginning of, and during part but not all of, the three-year period that LASERS credited funds into the account, Bailey was married to Sherrie Eddlemon Bailey. The principal issue in this court is whether the spouse of a state employee ________________________
*Knoll, J., not on panel, recused. Rule IV, Part II,
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