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La. Rev. Stat. § 11:535

Expense account

Louisiana · Louisiana Revised Statutes Title 11 — Consolidated Public Retirement · Status: effective

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La. Rev. Stat. § 11:535, Expense account, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2673770
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The expense account is the fund from which the expenses of the administration of the system shall be paid. The board shall determine annually the amount required to defray the expenses for the ensuing fiscal year. The amount required, as determined by the board, shall be paid into the expense account from the interest earnings of the system.