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2018 Louisiana Laws
Revised Statutes
TITLE 11 - Consolidated Public Retirement
RS 11:951.52 - Pension reserve account; description of and payment from account
Universal Citation: LA Rev Stat § 11:951.52 (2018)
§951.52. Pension reserve account; description of and payment from account
A. The pension reserve account is the account in which shall be held the reserves on all pensions granted to participants not entitled to credit for prior service and from which such pensions and benefits in lieu thereof shall be paid.
B. Should such a participant retired on account of disability be restored to active service his pension reserve shall be transferred from the pension reserve account to the pension accumulation account.
Redesignated from R.S. 17:1082 pursuant to R.S. 24:253.
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