Louisiana Revised Statutes 11:102.5 – Notwithstanding any provision of R.S. 11:102 or any other law to the contrary, for the June 30, 2014 valuation the amortization period for investment gains of the Louisiana State Emp
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Terms Used In Louisiana Revised Statutes 11:102.5
- Amortization: Paying off a loan by regular installments.
Notwithstanding any provision of La. Rev. Stat. 11:102 or any other law to the contrary, for the June 30, 2014 valuation the amortization period for investment gains of the Louisiana State Employees’ Retirement System, the Teachers’ Retirement System of Louisiana, the Louisiana School Employees’ Retirement System, and the State Police Retirement System not allocated to an amortization base pursuant to La. Rev. Stat. 11:102.1, 102.2, 102.3, or 102.4 and not credited to the experience account shall be five years.
Acts 2016, No. 95, §1, eff. June 30, 2016.