Each member of Plan B shall contribute an amount equal to a percentage of his monthly earnings from each and every payment of earnings, which contributions shall be credited to the Annuity Savings Fund B, and which percentage shall be set by the board for each fiscal year in a range from five percent to six percent and shall become effective as of the next payroll period reportable on the employee's W-2 for that year.
R.S. 11:1806 active rs title
Employee contributions ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1978, No. 788, §1
- amendment Acts 1981, No. 519, §1, eff. Jan. 1, 1982
- amendment Acts 2012, No. 717, §1, eff. July 1, 2012