Louisiana Administrative Code
Title 58 - RETIREMENT
Part III - Teachers' Retirement System of Louisiana
Chapter 15 - Optional Retirement Plan (ORP)
Section III-1525 - Vesting
Universal Citation: LA Admin Code III-1525
Current through Register Vol. 50, No. 9, September 20, 2024
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.
AUTHORITY NOTE: Promulgated in accordance with R.S. 11:921-929.
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