La. Rev. Stat. § 11:3038
Amount of service retirement annuity
Louisiana · Louisiana Revised Statutes Title 11 — Consolidated Public Retirement · Status: effective
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- La. Rev. Stat. § 11:3038, Amount of service retirement annuity, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2674850
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Full text
A. Upon retirement, a member shall be entitled to receive a service retirement annuity equal to two and two-thirds percent of average salary for each year of total service.
B. A proportional amount of the annual rate of annuity shall be determined and granted for any fractional part of a year of service.
C. The minimum amount of service retirement annuity in any case shall be twenty-five percent of average salary. The maximum service retirement annuity shall be sixty-six and two-thirds percent of average salary.
Designated from Acts 1967, No. 9, §1, by Acts 1991, No. 74, §3, eff. June 25, 1991.