LAC 58:XVIII.105

LAC 58:XVIII.105. Vesting of Benefits at Plan Termination

Last amended: 2016Year: 2026Length: 41 wordsOfficial source

Cite as La. Admin. Code tit. 58, pt. XVIII, § 105

A. In the event of termination or partial termination of the system’s pension plan, accrued benefits of affected members shall become vested and nonforfeitable to the extent funded as of the date of the termination or partial termination of the plan.
LAC 58:XVIII.105: LAC 58:XVIII.105. Vesting of Benefits at Plan Termination | Justis AI