Louisiana Statutes
§ 11:723.1 — Actuarial purchase of credit for certain service performed under contract
Louisiana § 11:723.1
JurisdictionLouisiana
Title 11Consolidated Public Retirement Systems
This text of Louisiana § 11:723.1 (Actuarial purchase of credit for certain service performed under contract) 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. § 11:723.1 (2026).
Text
A.Notwithstanding any other provision of law to the contrary, any person who was a member of the system for at least fifteen years and who terminated his employment, but was subsequently retained on a contractual basis with the office of receiverships within the Louisiana Department of Insurance, shall be eligible to purchase credit for service performed during the existence of such contract.
B.Any purchase of credit pursuant to this Section shall be executed on or before December 31, 2005, and shall be in an amount sufficient to offset any liability to the system caused by such purchase, calculated in accordance with the provisions of R.S. 11:158(C).
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Legislative History
Acts 2001, No. 457, §1; Acts 2003, No. 1117, §1, eff. July 2, 2003.
Nearby Sections
2
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Bluebook (online)
Louisiana § 11:723.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/11%3A723.1.