This year, disturbing reports of increased crime have dominated the news, both in Louisiana and nationally. Crime is a serious issue that demands thoughtful solutions to deter criminal behavior and promote public safety. They should be guided by data and evidence, not anecdotes. That’s why Pelican set out to review and better understand the underlying...View Report
A study of the 100 largest public pension plans in the U.S. highlights Louisiana’s pension fund troubles.
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.