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18-585 Louisiana State Employees' Retirement System - Contributions

This program provides for the state's annual payments to amortize the LSU Retirement System's unfunded accrued liability as provided by the State Constitution of 1974 as amended.

BUDGET SUMMARY

This agency's recommended appropriation does not include any funds for short-term debt.

This agency does not have any long-term debt for Fiscal Year 1999-2000.

This agency's recommended appropriation also includes the following amount by means of financing for payments on the unfunded accrued liability of the Louisiana State University unfunded liability program in accordance with the provisions of Article X, Section 29 of the Constitution of Louisiana:

State General Fund (Direct)

 

$4,298,757

 

 

 

Total

 

$4,298,757


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