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Current as of January 01, 2023 | Updated by Findlaw Staff
A. A member shall be eligible for retirement if he has:
(1) Attained at least twenty-five years of service, regardless of age.
(2) Attained at least ten years of service, at age sixty or thereafter.
B. A member shall receive a maximum retirement allowance equal to three and one-third percent of average compensation for every year of creditable service, not to exceed one hundred percent of the member's average compensation.
Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 11, § 602. Eligibility for retirement; benefit calculation - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-11-sect-602/
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