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La. Rev. Stat. § 11:951.50

Pensions payable from accumulation account; transfers to reserve account

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

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La. Rev. Stat. § 11:951.50, Pensions payable from accumulation account; transfers to reserve account, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2674099
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A. All pensions payable on account of participants entitled to prior service credit shall be payable from the pension accumulation account. B. Upon the retirement of a participant not entitled to credit for prior service, an amount equal to his pension reserve shall be transferred from the pension accumulation account to the pension reserve account.