Louisiana Statutes
§ 11:1206 — Employee contributions; discontinuance
Louisiana·Title 11 Consolidated Public Retirement Systems
The retirement benefits provided by this Part shall not annually exceed one hundred percent of average compensation, and when a member has accrued a benefit equal to one hundred percent, no further contributions shall be required of him. However, the employer shall continue to pay employer contributions to the system.
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Legislative History
Acts 1995, No. 559, §1; Acts 2014, No. 680, §1, eff. June 30, 2014.
Nearby Sections
14
§ 11:1200
Expense fund; unexpended balances§ 11:1201
Collection of member contributions; procedure; checklists; liability for erroneous information§ 11:1205
Reversion of funds prohibited§ 11:121
Creation; purpose§ 11:122
Committee; membership§ 11:123
Compensation and expenses§ 11:124
Quorum§ 11:125
Meetings§ 11:126
Officers§ 11:127
Duties