Archive for the ‘Spending’ Category
Although food stamp participation rates typically increase during a recession, a new study demonstrates that the rate of growth between 2008 and 2012 is unique.
The issue of higher education salaries has caught the attention of state Rep. Simone Champagne, R-Erath. She passed a resolution this session requesting that the Board of Regents “study executive compensation at the university system offices and boards.” The final report is due to lawmakers in early February 2013.
The complex nature of the retirement system tends to obscure the importance of pension reform. This has contributed to an unfortunate lack of urgency over the years. But while the details can appear daunting, the crux of the matter is simple: Louisiana has promised its retirees more than it can deliver.
By building on existing research from the Louisiana Sentencing Commission and following key principles that have guided successful reforms in Texas and other states, Louisiana policymakers can take the next steps to enhance public safety in the state and control costs borne by taxpayers.
THE PELICAN INSTITUTE is offering up this five-point guide to understanding the Unfunded Accrued Liability, from how it originated and what kind of impact it’s having to national trends and possible solutions.