Interest, dividends, etc., credited to accumulation account
Known as the Early Retirement and Payroll Reduction Act
The act spans §§ 11–11 (622 sections).
Any amount earned in the form of interest, dividends, rents or other income received from the investments and reinvestment of the funds of the retirement system, shall be credited to the pension accumulation account.
Redesignated from R.S. 17:1079 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.