Louisiana Pensions: A Bargain for Teachers, A Burden for Taxpayers
Many of our public pension systems operate outside the laws of reason and are usually motivated more by political interests than practical economics.
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
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).