La. Consolidated Public Retirement § 11:1977
Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 1-3, 6-671
Each participating employer of Plan C shall contribute an amount of each and every member's earnings equal to 5% of each and every member's earnings, of which 4.8% shall be credited to Pension Accumulation Fund C and .20% shall be credited to the expense fund, until such time as the first actuarial evaluation is conducted by the actuary and thereafter, in an amount determined in accordance with R.S. 11:103.
La. Consolidated Public Retirement § 11:1977