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Code · Louisiana · Title 11 — Consolidated Public Retirement

RS 11:901.26

113 words·~1 min read·/la/title-11/11-1437

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RS 11:901.26
§901.26. Payment of benefits to members of Orleans retirement fund; alternative method of payment
In lieu of paying monthly to each individual retirant of the Orleans system the amount to which he is entitled to receive under the provisions of this Part, the board of trustees of the teachers' retirement system of Louisiana shall have the right to pay monthly to the teachers' retirement fund of Orleans Parish the aggregate of the amounts payable to retirant of the Orleans system but only after receipt of proper voucher signed by two persons designated by the board of trustees of the Orleans teachers' retirement fund.
Redesignated from R.S. 17:729 pursuant to R.S. 24:253.
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