Public Pensions Left Out of Louisiana Debt Conversation
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Public Pensions Left Out of Louisiana Debt Conversation

Acknowledging that obligation and the systemic issues that put that obligation at risk is the first step to addressing the entire debt issue for the betterment of all Louisianans, present and future.

While the decrease in Louisiana’s public debt outlined in the latest State Bond Commission debt report was touted by some as “all good news,” the report did not take into account unfunded pension benefits promised to public employees and educators, which currently exceed $11 billion across the two largest public plans alone.

For the full article, please visit The Advocate.

Steven Gassenberger is a policy analyst with Reason Foundation's Pension Integrity Project.