Posts Tagged ‘unfunded accrued liabilities’

Louisiana Pensions Among Most Underfunded

Louisiana Pensions Among Most Underfunded

A study of the 100 largest public pension plans in the U.S. highlights Louisiana’s pension fund troubles.

Constitutional Amendment Will Pressure Lawmakers to Reform Pensions

Constitutional Amendment Will Pressure Lawmakers to Reform Pensions

Under a proposed constitutional amendment, at least 5 percent of surplus funds must be used to pay down unfunded accrued liabilities that existed as of June 30, 1988 for the Louisiana State Employees’ Retirement Systems (LASERS) and the Teachers Retirement System of Louisiana (TRSL).