NOTE: §68.4 eff. upon adoption of a const. amend. which authorizes the St. George Community School System. See Acts 2025, No. 455.

§68.4. Unfunded accrued liability; payment

            In the event that the establishment or the operation of the St. George Community School District results in the elimination of one or more positions of current members of the Louisiana School Employees' Retirement System by means of privatizing, outsourcing, or contracting the service with a private employer, vendor, or by any other means, the St. George Community School District shall remit that portion of the unfunded accrued liability attributable to that position or positions pursuant to R.S. 11:1195.2.

            Acts 2025, No. 455, §1, eff. See Act.