Louisiana § 11:878 Pensions and benefits payable from accumulation fund; transfers to reserve fund

Louisiana Statutes

§ 11:878 — Pensions and benefits payable from accumulation fund; transfers to reserve fund

Louisiana § 11:878

Title 11Consolidated Public Retirement Systems

This text of Louisiana § 11:878 (Pensions and benefits payable from accumulation fund; transfers to reserve 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. § 11:878 (2026).

Text

A.All pensions, and benefits in lieu thereof, with the exception of those payable on account of members who receive no prior service allowance, payable from contributions of employers, shall be paid from the pension accumulation fund.

B.Upon the retirement of a member not entitled to credit for prior service, an amount equal to his pension reserve shall be transferred from the pension accumulation fund to the pension reserve fund. Redesignated from R.S. 17:699 by Acts 1991, No. 74, §3, eff. June 25, 1991.

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A. All pensions, and benefits in lieu thereof, with the exception of those payable on account of members who receive no prior service allowance, payable from contributions of employers, shall be paid from the pension accumulation fund.
B. Upon the retirement of a member not entitled to credit for prior service, an amount equal to his pension reserve shall be transferred from the pension accumulation fund to the pension reserve fund.
Redesignated from R.S. 17:699 by Acts 1991, No. 74, §3, eff. June 25, 1991.