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...View Report
As an alternative to the pension reform legislation favored by Gov. Bobby Jindal, the House Committee on Retirement has voted to move a bill to the floor the includes an across the board increase in state employee pension contributions that would be used to pay down unfunded accumulated liabilities.