Attempt to boost pension pay for retired Louisiana employees, teachers dies in legislature

An effort to provide retired state employees and teachers a cost-of-living increase in their pension checks came up short Thursday.

The Louisiana House Retirement Committee deadlocked in a 6-6 vote — effectively killing legislation impacting more than 100,000 retirees.

An effort to allow the full House to consider the measure’s merit also died.

Rep. Sam Jones, D-Franklin, proposed the 1.5 percent cost-of-living adjustment, citing escalating expenses retirees — many on limited fixed and sometimes poverty incomes — are facing.

Jones particularly noted double-digit increases in the state health insurance program costs because of “mismanagement” by the Jindal administration’s Office of Group Benefits.

Read more at the source link below.

Ira Wray

We Met In The Air, Baton Rouge LA 70806

Yes indeed.