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Code · Louisiana · Title 11 — Consolidated Public Retirement

RS 11:951.51

86 words·~1 min read·/la/title-11/11-1514

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RS 11:951.51
§951.51. Interest to and deficits in other accounts chargeable to accumulation account
The interest required to be credited annually to any of the other accounts shall be charged to the pension accumulation account. The board of trustees may transfer from time to time from the pension accumulation account the amount of any deficit which may occur in the annuity reserve account or the pension reserve account, not offset by transfers from the surplus and contingency account.
Redesignated from R.S. 17:1081 pursuant to R.S. 24:253.
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