Code · Louisiana · Title 11 — Consolidated Public Retirement

RS 11:751

89 words·~1 min read·/la/title-11/11-1311

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

RS 11:751

PART III. CREDITABLE SERVICE

§751. Rounding of service credit at the time of retirement

At the time of retirement or beginning participation in the Deferred Retirement Option Plan, any fractional part of a year of the member's total service credit shall be rounded to the closest one-tenth of a year but shall not exceed one hundred percent of a year.

Acts 1997, No. 105, §1, eff. July 1, 1997; Acts 1997, No. 1353, §1, eff. July 1, 1997; Acts 2001, No. 1174, §1, eff. July 1, 2001.