Governor May Shift His Focus Away From Retirement System - KALB-TV News Channel 5 & CBS 2

Governor May Shift His Focus Away From Retirement System

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Despite the battles of past legislative sessions tied to Governor Jindal's employee retirement system overhaul.

The Associated Press reports that the governor has not made retirement a focus of his agenda for the legislative session that begins Monday.

Leaders of Louisiana's two largest statewide retirement systems are predicting that lawmakers will shift attention to granting 1.5 percent cost of living adjustments to retirees and discussing ways to shrink retirement debt.

Many of the 100,000 retiree members of the four statewide systems haven't received a boost in their pension checks in at least five years.

 

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