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Pensions | The Pelican Post

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Posts Tagged ‘pensions’

The Case for Pension Reform

The Case for Pension Reform

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.

Reasons to Worry?

Reasons to Worry?

Potential conflicts and a growing interest in hedge funds have some eyeing Louisiana’s public retirement systems with renewed skepticism.

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.

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


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