TITLE 11. CONSOLIDATED PUBLIC RETIREMENT SYSTEMS

SUBTITLE II. STATE SYSTEMS

CHAPTER 2. TEACHERS' RETIREMENT SYSTEM OF LOUISIANA

PART III. CREDITABLE SERVICE

 

11:751        Rounding of service credit at the time of retirement

At the time of retirement or beginning participation in the Deferred Retirement Option Plan, any fractional part of a year of the member's total service credit shall be rounded to the closest one-tenth of a year but shall not exceed one hundred percent of a year.

Added by Acts 1997, No. 105, 1, eff. July 1, 1997; Acts 1997, No. 1353, 1, July 1, 1997. Amended by Acts 2001, No. 1174, 1, eff. July 1, 2001.