La. R.S. 11:1191

Funds to which assets credited

Known as the Early Retirement and Payroll Reduction Act

The act spans §§ 11–11 (622 sections).

Amended by Acts 1952, No. 127, §6; Acts 1977, No. 364, §1

PART VII. METHOD OF FINANCING

§1191. Funds to which assets credited

All the assets of the retirement system shall be credited according to the purpose for which they are held to one of five funds, namely: the annuity savings fund, the pension accumulation fund, the pension reserve fund, the survivors' benefit fund, and the expense fund or to accounts required by the legislative auditor or the actuary to accurately reflect the financial and actuarial condition of the retirement system.

Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.