Louisiana Pensions

May 26, 2017

Moving closer to a special session

There comes a time, in most legislative sessions, when things appear on the verge of a complete breakdown.

Number of the Day

$4.6 million - Projected revenue gain from House Bill 501, which would eliminate several state income tax deductions and replace the current three-bracket structure with a 3.95 percent flat tax on income above $12,500. (Source: Legislative Fiscal Office)
May 25, 2017

New LBP report: Pensions in the Parishes 2017

Altogether, Louisiana’s pension systems pay out more than $4 billion in benefits to 164,000 retirees and their families every year—an amount equivalent to 2 percent of all personal income in the state.
May 12, 2016

Thursday, May 12, 2016

Health care programs face deep cuts; Payday loan ads banned; Pension boost and; Medical marijuana
January 22, 2014

Louisiana state pension plans contribute to state, local economies

As the Legislature prepares for another session of tinkering with Louisiana’s public retirement systems, a new report by the Louisiana Budget Project looks at the ways public pensions pump money into local economies.

Louisiana’s defined-benefit pension plans are more than just retirement security for teachers and state workers.… Read more...