Legislation moving through the Louisiana House would amend the state constitution to mandate higher payments with surplus funds to address unfunded pension liabilities. House Bill 47, sponsored by state Rep. Richard Nelson, R-Mandeville, is a constitutional amendment that would increase the current provision requiring 10% of surplus funds to go to the unfunded accrued liability
Louisianans might get to vote this fall on replenishing state pension funds
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
