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La. Rev. Stat. § 11:882

Expense fund

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

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La. Rev. Stat. § 11:882, Expense fund, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2673978
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The expense fund is the fund from which the expenses of the administration of the retirement system shall be paid, exclusive of amount payable as retirement allowances or other benefits provided in this Part. The board of trustees 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 fund from the interest earnings of the system.