HB38 by Representative Rick Edmonds brings sunlight to local school district spending by adding many school districts to the Louisiana Fiscal Transparency Website, LouisianaCheckbook.com, and requiring other smaller entities to post enhanced transparency on their websites. It is modeled after both Louisiana Checkbook and an existing project by the Lafayette Parish School Board to post...View Report
Many of our public pension systems operate outside the laws of reason and are usually motivated more by political interests than practical economics.
A study of the 100 largest public pension plans in the U.S. highlights Louisiana’s pension fund troubles.
Potential conflicts and a growing interest in hedge funds have some eyeing Louisiana’s public retirement systems with renewed skepticism.
A retire-rehire program for teachers was approved by lawmakers 10 years ago, but today more than half of all participants are non-educators, while annual pension payouts are nearing $250 million
The Independent Weekly of Lafayette, LA produced an intriguing expose about one of the less scrupulous practices plaguing the public education sector. Entitled “The Revolving Door,” the article exposes how public school administrators, mainly in the Lafayette area, are exploiting retirement benefits intended for teachers. These retirement benefits are designed to be a financial incentive...