LASERS seeks guidance on new pension plan
BATON ROUGE — The Louisiana State Employees Retirement System hired a tax lawyer to review ramifications of a new 401(k)-style retirement plan for future rank-and-file employees hired starting in 2013....
View ArticleJindal seeks IRS clearance for new pension plan
BATON ROUGE — State officials are seeking advice from the IRS on whether Louisiana’s new state pension system would meet federal rules. Gov. Bobby Jindal’s administration is seeking an opinion on...
View ArticleRetirement board seeks to delay start of new plan
BATON ROUGE — The Louisiana State Employees Retirement System board wants the Legislature to delay the July 1 start of a 401(k)-type retirement plan for new state hires. The board voted Friday to seek...
View ArticleGov. Jindal hopes to fix flaws in pension plan
The Jindal administration hopes to fix flaws in the new "cash balance" pension plan, while two major retirement systems are trying to get a year's delay in its planned July 1 implementation.
View ArticleLSU hospital privatization cuts retirement debt
The Jindal administration's layoff of more than 7,700 LSU hospital workers has put a major dent in the state employee retirement system's debt, dropping it hundreds of millions of dollars.
View ArticleRetirement debate shifts focus in next session
The battles of past legislative sessions tied to Gov. Bobby Jindal's failed push to overhaul the state employee retirement system won't be fought again when the next regular session begins Monday.
View ArticleBill to boost retirement age nearing final passage
Public school teachers and most new state employees would have to wait longer to retire, under a proposal that has received the unanimous backing of the Senate.
View ArticleLawmakers increase retirement age for new workers
The Louisiana Legislature has agreed to raise the retirement age for public school teachers and rank-and-file state workers hired on or after July 1, 2015.
View ArticleNumber of state workers down 30K over 6 years
As Bobby Jindal prepared for his 2008 inauguration as governor, state government workers numbered about 93,500.
View ArticleState, school boards to get pension relief
State agencies and local school boards won't have to pay as much next fiscal year to cover pension costs for active employees.
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