La. R.S. 11:751

Rounding of service credit at the time of retirement

Known as the Early Retirement and Payroll Reduction Act

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

Acts 1997, No. 105, §1, eff

PART III. CREDITABLE SERVICE

§751. Rounding of service credit at the time of retirement

At the time of retirement or beginning participation in the Deferred Retirement Option Plan, any fractional part of a year of the member's total service credit shall be rounded to the closest one-tenth of a year but shall not exceed one hundred percent of a year.

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