The purpose of the alternative contribution plan is to provide members an opportunity to achieve benefits by self-directing investments. Benefits shall be achieved by choosing investment products provided by outside vendors as provided in R.S. 11:942.3.
Acts 2001, No. 1055, §1, eff. July 1, 2001.
NOTE: Acts 2001, No. 1055, §3 provides for plan implementation on or after July 1, 2002.