Any compensation deferred pursuant to the plan operated under this Chapter shall be deemed regular compensation for the purpose of computing contributions or benefits under existing retirement, pension, or social security systems applicable to participants. This provision shall not supersede the provisions of R.S. 42:861.
R.S. 42:1306 active rs title
Deferred amounts as compensation ACTIVE
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History
- enactment Acts 1982, No. 1, §1, eff. May 6, 1982