LAC 58:I.1105. Notification, Implementation and Transition

A. LASERS shall notify applicant whether applicant is approved as a vendor. B. Vendors shall enroll retirees for a monthly deduction amount. C. Participation shall be at least 30 or more retirees, if approved by the executive director. D. If a vendor falls below the participation level approved by the executive director, LASERS has the right to discontinue the payroll deduction immediately.