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18-586 Teachers' Retirement System - Contributions

This program provides state aid to the Teachers' Retirement System to pay for the LSU Retirement System's unfunded accrued liability and for the supplemental allowances granted by the Legislature.

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 1998-1999.

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)

 

$4,639,833

 

 

 

Total

 

$4,639,833


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