ENROLLED
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ACT No. 95
Regular Session, 2010
HOUSE BILL NO. 518
BY REPRESENTATIVE ROBIDEAUX
AN ACT1
To amend and reenact R.S. 11:403(1), relative to the Louisiana State Employee's Retirement2
System; to provide for the definition of "accumulated contributions"; to provide an3
effective date; and to provide for related matters.4
Notice of intention to introduce this Act has been published5
as provided by Article X, Section 29(C) of the Constitution6
of Louisiana.7
Be it enacted by the Legislature of Louisiana:8
Section 1. R.S. 11:403(1) is hereby amended and reenacted to read as follows:9
ยง403. Definitions10
The following words and phrases used in this Chapter shall have the11
following meanings, unless a different meaning is clearly required by the context:12
(1) "Accumulated contributions" means the sum of all the amounts deducted13
from the earned compensation of a member paid by a member, excluding interest14
paid on the repayment of a refund, and credited to his individual account in the15
employee's savings account, together with regular interest credited prior to July16
1969.17
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Section 2. This Act shall become effective on July 1, 2010; if vetoed by the governor1
and subsequently approved by the legislature, this Act shall become effective on July 1,2
2010, or on the day following such approval by the legislature, whichever is later.3
SPEAKER OF THE HOUSE OF REPRESENTATI VES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED: