Usufruct
R.S. 11:1693

Deferred Retirement Option Plan Account ACTIVE

Upon effective date of commencement of participation in the Deferred Retirement Option Plan, the member's retirement benefit shall be paid into the Deferred Retirement Option Plan Account from the member's Annuity Savings Account. When the member's Annuity Savings Account is exhausted the benefit shall be paid from the Pension Reserve Account. If a member elects to receive regular monthly retirement benefits in the form of a life annuity, the balance of the Deferred Retirement Option Account shall be transferred to the Pension Reserve Account upon commencement of payments.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1956, No. 56, §8

Section navigation

Cite R.S. 11:1693

Bluebook
La. Rev. Stat. Ann. § 11:1693 (2026).
Permalink
https://theusufruct.com/rs/title-11/section-1693
BibTeX
@misc{larevstat-11-1693,
  title        = {La. Rev. Stat. Ann. § 11:1693},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-11/section-1693},
  note         = {Snapshot 2026-05-22}
}