Disposition of employee contributions upon termination of employment or death of employee
Known as the Early Retirement and Payroll Reduction Act
The act spans §§ 11–11 (622 sections).
The regular contributions of a participant withdrawn in the event he ceases to be an employee, or paid in the event of his death to his succession or designated beneficiary, shall be paid from the annuity savings account.
Redesignated from R.S. 17:1074 pursuant to R.S. 24:253.
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.