Posts Tagged ‘Pension Reform’

A Work in Progress

A Work in Progress

Gov. Bobby Jindal’s proposals to boost employee contributions, alter benefit calculations and increase the official retirement age will soon undergo substantive changes during floor debate in the Upper Chamber.

The Truth About Cash Balance Pension Plans

The Truth About Cash Balance Pension Plans

Critics of Governor Jindal’s proposed “cash balance” pension plan for state employees have made a number of inaccurate claims. The current retirement systems have amassed an astonishing $18.9 billion in unfunded liabilities, but reform opponents defend the status quo with scare tactics while relying on a flawed report from the Legislative Auditor.

Vote Yes on Saturday to Prevent New Taxes

Vote Yes on Saturday to Prevent New Taxes

We believe that voters should support this amendment and vote Yes on Saturday. While there is no doubt that policymakers have been challenged by recent budget shortfalls, most taxpayers face challenges of their own. These taxpayers must live within their means and we believe that policymakers should do the same.

Commentary: Mercatus Pension Study Demonstrates Advantages Of Defined Contribution System

Commentary: Mercatus Pension Study Demonstrates Advantages Of Defined Contribution System

‘A defined contribution system is one no longer supported by taxpayers, but, rather by the responsible investment choices of individuals.’

Special Report: Legacy of a Loophole

Special Report: Legacy of a Loophole

A retire-rehire program for teachers was approved by lawmakers 10 years ago, but today more than half of all participants are non-educators, while annual pension payouts are nearing $250 million