Louisiana Revised Statutes 11:901.12 – Payments to retirement fund of Orleans Parish
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Terms Used In Louisiana Revised Statutes 11:901.12
- Board of trustees: means the board provided for in Part V of this Chapter to administer the retirement system. See Louisiana Revised Statutes 11:701
- Retirement: means withdrawal from active service with a retirement allowance granted under the provisions of this Chapter. See Louisiana Revised Statutes 11:701
- Retirement system: means the Teachers' Retirement System of Louisiana as defined in La. See Louisiana Revised Statutes 11:701
In lieu of paying monthly to each individual retirant of the teachers’ retirement fund of Orleans parish the amount which he is entitled to receive under the provisions of this Sub-part, the board of trustees of the teachers’ retirement system of Louisiana shall have the right to pay monthly to the teachers’ retirement fund of Orleans parish the aggregate of the amounts payable to retirants of the Orleans system but only after receipt of proper voucher signed by two persons designated by the board of trustees of the Orleans teachers’ retirement fund.
Added by Acts 1957, No. 27, §5. Redesignated from La. Rev. Stat. 17:719.5 pursuant to La. Rev. Stat. 24:253.