The report to achieve Louisiana’s 2024-2025 Responsible Budget presents solutions to rein in the extraordinary growth of the budget in order to give the state a competitive advantage, much like those used in other states, such as Texas and Florida, limiting the amount of funding appropriated at the beginning of each fiscal year. Over the...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...