RS 11:1807 Employer contributions
§1807. Employer contributions
Each participating employer of Plan B shall contribute an amount equal to 5.3 percent of each and every member's earnings, of which five percent shall be credited to the Pension Accumulation Fund B, and 0.3 percent shall be credited to the expense fund.
Acts 1978, No. 788, §1. Amended by Acts 1981, No. 519, §1, eff. Jan. 1, 1982; Redesignated from R.S. 33:7277 by Acts 1991, No. 74, §3, eff. June 25, 1991.