The Louisiana Firefighters’ Retirement System lost $247.4 million in fiscal year 2022, as the system added 91 retirees which increased benefit payouts by $6.2 million, according to a recent financial statement audit. The Louisiana Legislative Auditor’s office published a financial statement audit for the Firefighters’ Retirement System last week that covers fiscal years 2021 and
Louisiana firefighters’ pension system lost nearly $250M in FY 2022
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