§ 2-66. Retirement.  


Latest version.
  • (a)

    Determination to come within coverage. It is hereby declared to be the policy and purpose of the city to extend the provisions of R.S. 11:1731 et seq., providing retirement to eligible officers and employees of the city. In pursuance of such policy, and for such purpose, the officers and employees of the city, shall take such action as may be required by applicable state laws or regulations.

    (b)

    Withholdings from salaries and wages. Withholdings from salaries or wages of officers and employees for the purposes provided in subsection (a) of this section are hereby authorized to be made in the amounts and at such times as may be required by the board of trustees in accordance with R.S. 11:1731 et seq., and shall be paid over to the board of trustees in such amounts and at such times as are designated by state laws and regulations of such agency.

    (c)

    Appropriation for contributions and assessments. Employer contributions and assessments for administrative expenses shall be paid from amounts appropriated for such purposes to the board of trustees in accordance with applicable state laws and regulations of such board of trustees.

    (d)

    Records and reports. The city clerk shall maintain such records and submit such reports as may be required by applicable state laws or regulations of the board of trustees.

(Code 1958, §§ 2-3—2-6)