Louisiana Revised Statutes 11:1329 – Increase in pensions; sale of drivers’ licenses
Terms Used In Louisiana Revised Statutes 11:1329
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Fund: means the Louisiana State Police Retirement System Fund. See Louisiana Revised Statutes 11:1301
- System: means the Louisiana State Police Retirement System. See Louisiana Revised Statutes 11:1301
An increase of twenty-five percent in the pensions presently being paid to former officers and employees of the State Police Department who retired prior to January 1, 1955 under the provisions of La. Rev. Stat. 11:1306 through 1326, as amended, is hereby authorized, and out of the receipt derived from the sale of “drivers’ licenses” accruing to the Driver’s License Division of the Department of Public Safety and Corrections under the provisions of La. Rev. Stat. 32:412, the sum of twenty thousand dollars is hereby appropriated, set aside and dedicated for the fiscal year 1961-62 and each Fiscal Year thereafter to pay the increases herein authorized, and said amount shall be deposited annually in the Louisiana State Police Retirement System Fund from which fund said increases shall be paid.
Acts 1961, No. 18, §1; Redesignated from La. Rev. Stat. 40:1441 by Acts 1991, No. 74, §3, eff. June 25, 1991; Acts 2012, No. 227, §1.