- A. LASERS shall notify applicant whether applicant is approved as a vendor.
- B. Vendors shall enroll retirees for a monthly deduction amount.
- C. Participation shall be at least 30 or more retirees, if approved by the executive director.
- D. If a vendor falls below the participation level approved by the executive director, LASERS has the right to discontinue the payroll deduction immediately.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 11:515.
Historical Note
HISTORICAL NOTE: Promulgated by the Department of Treasury, Board of Trustees of the State Employees' Retirement System, LR 18:1417 (December 1992), amended LR 22:373 (May 1996), LR 35:2478 (November 2009).