Louisiana Pensions: A Bargain for Teachers, A Burden for Taxpayers

By Margaret Viator

09/03/2014

Many of our public pension systems operate outside the laws of reason and are usually motivated more by political interests than practical economics.

TAGS: Pension Reform, Teachers' Retirement System of Louisiana, TRSL, unfunded accrued liabilities

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

Constitutional Amendment Will Pressure Lawmakers to Reform Pensions

By Kevin Mooney

07/12/2011

Under a proposed constitutional amendment, at least 5 percent of surplus funds must be used to pay down unfunded accrued liabilities that existed as of June 30, 1988 for the Louisiana State Employees' Retirement Systems (LASERS) and the Teachers Retirement System of Louisiana (TRSL).

TAGS: constitutional amendment, Gov. Bobby Jindal, Louisiana State Employees' Retirement System, Rep. Jerome "Dee" Richard, Rep. Kevin Pearson, unfunded accrued liabilities

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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