Taxpayers are covering 56 percent of the pension plan contributions for Louisiana State Troopers. Moreover, a portion of the fee residents pay for their driver's license is also used to help fund the police retirement plan. At a time when rising liabilities threaten the stability of the entire state pension system, state troopers should not be excluded from policy changes, and NFIB official says.
The Pelican Institute's latest research compares Louisiana's pension crisis Wisconsin's. Despite less coverage, Louisiana's situation is far worse, and Bobby Jindal's plan is nowhere near enough to make a dent in the unfunded liabilities.
It’s time to write Louisiana’s comeback story. For too long, poor public policy decisions have caused Louisiana families to suffer while our neighbors thrive. While other families think about leaving a legacy, our legacy – our kids, grandkids, friends, and family members – are leaving to find work and opportunity in other states. It doesn’t...