Louisiana Pensions Among Most Underfunded

By Trent Hill

11/29/2012

A study of the 100 largest public pension plans in the U.S. highlights Louisiana’s pension fund troubles.

TAGS: accrued liability, Bobby Jindal, cash balance, defined benefit, defined contribution, LASERS, Louisiana, Pension Reform, TRSL, UAl, unfunded accrued liabilities

Amendment Steers State Surplus Money Towards Looming Retirement Debts

By Jamison Beuerman

06/28/2011

Due to a scheduled larger share of offshore oil and gas revenues from the federal government, some lawmakers anticipate future surpluses.

TAGS: Louisiana State Employees' Retirement Systems, state budget, UAl

Plan To Clear Unfunded Liabilities Passes House Comfortably

By Kevin Mooney

06/07/2011

Rep. Kevin Pearson's retirement reform bill passed the Louisiana House by a comfortable, bipartisan margin on Monday. His legislation provides for a readjustment of the final average compensation (FAC) for state employees that would be used to pay down unfunded accrued liabilities.

TAGS: Gov. Bobby Jindal, Pension Liabilties, Rep. Kevin Pearson, Retirement, UAl

School Board Spending Transparency

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...

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