R.S. 11:1972

Computation of normal retirement allowance ACTIVE

The monthly amount of the retirement allowance for any member of Plan C shall consist of an amount equal to two percent of the member's final compensation multiplied by his years of creditable service provided that no retired employee shall receive less in retirement payments than the amount of his accumulated contributions at the date of retirement. Any balance remaining to his credit upon the retiree's death shall be paid to his designated beneficiary or estate.

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References

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Cited by

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History

  • enactment Acts 1997, No. 867, §1, eff. July 1, 1997
  • amendment Acts 2001, No. 695, §1, eff. Jan. 1, 2002

Section navigation

Cite R.S. 11:1972

Bluebook
La. Rev. Stat. Ann. § 11:1972 (2026).
Permalink
https://theusufruct.com/rs/title-11/section-1972
BibTeX
@misc{larevstat-11-1972,
  title        = {La. Rev. Stat. Ann. § 11:1972},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-11/section-1972},
  note         = {Snapshot 2026-05-22}
}