La. Admin. Code tit. 58 § I-1105

Current through Register Vol. 50, No. 11, November 20, 2024

Section I-1105 - Notification, Implementation and Transition

A. LASERS shall notify applicant whether applicant is approved as a vendor.

B. Vendors shall enroll retirees for a monthly deduction amount.

C. Participation shall be at least 30 or more retirees, if approved by the executive director.

D. If a vendor falls below the participation level approved by the executive director, LASERS has the right to discontinue the payroll deduction immediately.

La. Admin. Code tit. 58, § I-1105

Promulgated by the Department of Treasury, Board of Trustees of the State Employees' Retirement System, LR 18:1417 (December 1992), amended LR 22:373 (May 1996), LR 35:2478 (November 2009).

AUTHORITY NOTE: Promulgated in accordance with R.S. 11:515.