Louisiana Statutes

§ 11:3802 — Pensions and benefits

Louisiana·Title 11 Consolidated Public Retirement Systems

Payment of pensions and benefits shall conform to the following conditions:

(1)All members of the various departments herein mentioned shall be subject to this Part, save and except new employees who are fifty-five years of age and over.
(2)A member who has served in the various electrical departments for twenty years continuously without interruption and who has attained age fifty-five or a member who has served in the various electrical departments for ten or more years continuously without interruption and who has attained age sixty-five upon retiring from active service, shall receive from the pension fund an annual amount which shall be equal to two and one-half percent of the employee's average annual salary over a period of the best five years prior to the date of retirement times

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