La. Consolidated Public Retirement § 11:1563
Current with operative changes from the 2024 Third Special Legislative Session
If at any time the monies of the fund are insufficient to pay each retiree and beneficiary the full amount to which he is entitled, equal percentages of the full amount shall be paid to each retiree and beneficiary until the fund is replenished so as to warrant resumption of the payment of the full amount to each retiree and beneficiary.
La. Consolidated Public Retirement § 11:1563