La. Rev. Stat. § 11:2140
Expense fund; contributions to fund
Louisiana · Louisiana Revised Statutes Title 11 — Consolidated Public Retirement · Status: effective
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- La. Rev. Stat. § 11:2140, Expense fund; contributions to fund, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2674696
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Full text
The expense fund shall be the fund from which the expenses of the retirement system shall be paid, exclusive of the amount payable as retirement allowances and other benefits provided therein. Contributions shall be made to the expense fund as follows: The board of trustees shall determine annually the amount required to defray such expenses for the ensuing fiscal year and may transfer the amount required to defray the cost of expenses of administration from the amount transferred from the pension accumulation fund, but the amount so transferred shall not exceed one-half of one percent of total book value of the assets of the Registrars of Voters Employees' Retirement System.