The retirement system shall take all actions necessary to comply with the provisions of the Internal Revenue Code (IRC) applicable to qualified governmental retirement plans. The board shall promulgate rules in accordance with the Administrative Procedure Act to incorporate such IRC provisions into the retirement system's plan, and the plan provisions shall thereafter consist of this Chapter together with such properly promulgated rules.
R.S. 11:1931 active rs title
Compliance with Internal Revenue Code provisions ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1990, No. 450, §1
- amendment Acts 1992, No. 261, §1
- amendment Acts 1997, No. 867, §1, eff. July 1, 1997
- amendment Acts 2003, No. 537, §1, eff. March 8, 2004