La. Admin. Code tit. 58 § I-4101

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

Section I-4101 - SDP Provider

A. System shall procure a single provider, selected by a competitive process, for participants in the Self-Directed Plan ("SDP") to utilize in providing investment options for the deposits made during the accumulation period in the Deferred Retirement Option Plan ("DROP") or funds acquired through the Initial Benefit Option ("IBO"). The investment options shall not be available to the participants until the DROP funds are transferred to the SDP provider at the end of the accumulation period, or until after the IBO funds are so transferred.

La. Admin. Code tit. 58, § I-4101

Promulgated by the Department of Treasury, Board of Trustees of the State Employees' Retirement System, LR 30:1306 (June 2004).

AUTHORITY NOTE: Promulgated in accordance with R.S. 11:511 and R.S. 11:515.