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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

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Legal & Regulatory / Research Report

The Proposed Freeport McMoran Settlement: Ineffective by Design


The proposed settlement is heralded by some as a major victory, supposedly securing $100 million for the state to use for coastal restoration. In reality, the proposed settlement, if adopted, would yield nowhere near $100 million and divert much of the money it did raise to unrelated government spending. Two key flaws undermine the settlement’s...

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