RS 11:301 Creation; purpose

SUBPART M.  COMMISSION ON PUBLIC RETIREMENT

§301.  Creation; purpose

A.  The Commission on Public Retirement is hereby created.

B.  The legislature recognizes that the fiscal integrity of the various governments of and within this state and the financial security of the state's public employees and citizens require the continuing refinement and revision of the laws, practices, and policies relative to public retirement.  The purpose of this Subpart is to provide an entity to study and make recommendations concerning the administration, benefits, investments, funding, efficiency, and accountability of the state and statewide public retirement systems, plans, or funds as an ongoing process and to advise the House and Senate committees on retirement of all findings and recommendations.

Acts 1985, No. 696, §1; Acts 1987, No. 252, §1, eff. July 3, 1987; Acts 1988, No. 414, §1, eff. Aug.  31, 1988; Redesignated from R.S. 42:720.1 by Acts 1991, No. 74, §3, eff. June 25, 1991; Acts 2003, No. 967, §1, eff. July 1, 2003.