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.
Louisiana’s Comeback Agenda is a bold vision for policy change in Louisiana. Given our economic and cultural assets, Louisiana should be an economic powerhouse. This agenda is the roadmap for how we get there. It’s intended to serve as a guide for lawmakers, candidates, and community leaders to spark discussion and debate toward proven policies that will...