Louisiana § 11:1194 Annual amounts payable to pension accumulation fund

Louisiana Statutes

§ 11:1194 — Annual amounts payable to pension accumulation fund

Louisiana § 11:1194

Title 11Consolidated Public Retirement Systems

This text of Louisiana § 11:1194 (Annual amounts payable to pension accumulation fund) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

La. Stat. Ann. § 11:1194 (2026).

Text

The total amount payable in each year to the pension accumulation fund shall be not less than the sum of the rate per centum known as the normal contribution rate and the accrued liability contribution rate of the total compensation earnable by all members during the preceding year; provided that the amount of each annual accrued liability contribution shall be at least three per cent greater than the preceding annual accrued liability payment, and that the payment by the State of Louisiana shall be sufficient, when combined with the amount in the fund, to provide the pension and other benefits payable out of the fund during the year then current.
Redesignated from R.S. 17:985 by Acts 1991, No. 74, §3, eff. June 25, 1991.

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The total amount payable in each year to the pension accumulation fund shall be not less than the sum of the rate per centum known as the normal contribution rate and the accrued liability contribution rate of the total compensation earnable by all members during the preceding year; provided that the amount of each annual accrued liability contribution shall be at least three per cent greater than the preceding annual accrued liability payment, and that the payment by the State of Louisiana shall be sufficient, when combined with the amount in the fund, to provide the pension and other benefits payable out of the fund during the year then current.
Redesignated from R.S. 17:985 by Acts 1991, No. 74, §3, eff. June 25, 1991.