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Code · Louisiana · Title 11 — Consolidated Public Retirement

RS 11:1206

70 words·~1 min read·/la/title-11/11-83

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RS 11:1206
§1206. Employee contributions; discontinuance
The retirement benefits provided by this Part shall not annually exceed one hundred percent of average compensation, and when a member has accrued a benefit equal to one hundred percent, no further contributions shall be required of him. However, the employer shall continue to pay employer contributions to the system.
Acts 1995, No. 559, §1; Acts 2014, No. 680, §1, eff. June 30, 2014.
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