Posts Tagged ‘pensions’
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
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
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
Commentary: Police Pension Funds Blown on Bad Investments, Taxpayers Stuck With Bill
MPERS gambled with public money, and lost. If this were a private company, these disastrous mistakes would surely result in bankruptcy.
Research: Looming Pension Crisis Ignored
The Pelican Institute’s latest research compares Louisiana’s pension crisis Wisconsin’s. Despite less coverage, Louisiana’s situation is far worse, and Bobby Jindal’s plan is nowhere near enough to make a dent in the unfunded liabilities.







