La. Admin. Code tit. 58 § III-1525

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

Section III-1525 - Vesting

A. A participant's interest in his/her account shall immediately become and shall at all times remain fully vested and non-forfeitable.

B. The plan shall be construed consistently with IRC §401(a)(4) as in effect on September 1, 1974.

La. Admin. Code tit. 58, § III-1525

Promulgated by the Department of the Treasury, Board of Trustees of the Teachers' Retirement System of Louisiana, LR 402279 (11/1/2014).

AUTHORITY NOTE: Promulgated in accordance with R.S. 11:921-929.