Section XXI-901 - Employer Contributions (Louisiana Code of Regulations)

§ XXI-901. Employer Contributions

A. In accordance with R.S. 11:1658, the Board of Trustees directs that the direct employer contribution rate for January 1, 2017 through June 30, 2017 shall be 0 percent.

B. Any excess funds resulting from application of Subsection A of this Section shall be combined with any contribution surplus or offset by any contribution shortfall, and the resulting balance, if greater than zero, shall be accumulated in the funding deposit account pursuant to R.S. 11:1659.

(Promulgated by the Board of Trustees of the District Attorneys Retirement System, LR 43878 (May 2017).)

AUTHORITY NOTE: Promulgated in accordance with the provisions of R.S. 11:1588(A), R.S. 11:1658-1659, and the Administrative Procedure Act, R.S. 49:950 et seq.

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