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Louisiana Deferred Compensation Plan

Dolores Nehlig, Loyd, Kathy L.

LSU AgCenter, All, General

The LDCP is a "defined contribution" plan to which employee and employer make contributions directly to the LDCP to be invested in a a retirement annuity contract in the employee's name. To view the enrollment eligibility requirements and exceptions, click here for the Retirement Plan Options Chart.

Overview

Employee contribution is 7.5% of salary
AgCenter contribution is 6.2% of salary
Asset management fee of .0085 of total assets
Immediately vested
Benefit payable upon retirement based exclusively on:

contributions in the employee's account
earnings on those contributions
age when benefits begin
type of annuity chosen

LDCP Related Form

Please visit the LDCP forms website for the following forms: Beneficiary Designation, Enrollment Application and Salary Deferral Agreement. (LDCP Forms website)
Information Sheet
Retirement Election Form (for temporary and/or part-time employees)

For additional information, go directly to the LDCP website at www.louisianadcp.com.

4/4/2006 11:02:08 PM

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