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.
R.S. 11:1206 active rs title
Employee contributions; discontinuance ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1995, No. 559, §1
- amendment Acts 2014, No. 680, §1, eff. June 30, 2014