Louisiana § 11:901.25 Benefits exceeding funds allocated; reduction of benefits by board of trustees; exceptions

Louisiana Statutes

§ 11:901.25 — Benefits exceeding funds allocated; reduction of benefits by board of trustees; exceptions

Louisiana § 11:901.25

Title 11Consolidated Public Retirement Systems

This text of Louisiana § 11:901.25 (Benefits exceeding funds allocated; reduction of benefits by board of trustees; exceptions) 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. § 11:901.25 (2026).

Text

If the board of trustees of the teachers' retirement system of Louisiana finds that during any fiscal year the total amount of the benefits provided by this Part exceeds the sum allocated or dedicated by this Part out of the state public school fund to pay the cost of the benefits provided in this Part, the board of trustees shall reduce each monthly payment authorized hereunder by a proportionate percentage.
Redesignated from R.S. 17:728 pursuant to R.S. 24:253.

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If the board of trustees of the teachers' retirement system of Louisiana finds that during any fiscal year the total amount of the benefits provided by this Part exceeds the sum allocated or dedicated by this Part out of the state public school fund to pay the cost of the benefits provided in this Part, the board of trustees shall reduce each monthly payment authorized hereunder by a proportionate percentage.
Redesignated from R.S. 17:728 pursuant to R.S. 24:253.