The unexpended balance in the expense fund on June thirtieth of each year shall be paid by the board of trustees into the pension accumulation fund.
La. R.S. 11:883
Unexpended balance in expense fund
Known as the Early Retirement and Payroll Reduction Act
The act spans §§ 11–11 (622 sections).
Added by Acts 1960, No. 401, §2
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.