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re: anybody have link to search State of Louisiana employees and their salaries?

Posted on 1/13/21 at 4:58 pm to
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
20637 posts
Posted on 1/13/21 at 4:58 pm to
quote:

Rewarding someone who contributed to society for 30 years is what’s killing America?


My friends who teach have all been retiring around age 48 and will collect pensions and pay next to nothing for health insurance for the rest of their lives.

So yeah. This is, in every way, worse than the fricked up pension system that bankrupted the American auto makers.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119560 posts
Posted on 1/13/21 at 5:16 pm to
quote:

My friends who teach have all been retiring around age 48 and will collect pensions and pay next to nothing for health insurance for the rest of their lives.

So yeah. This is, in every way, worse than the fricked up pension system that bankrupted the American auto makers.


Yep. Pensions for govt workers need to go the way of the dodo bird. Move them to a 401k system like the rest of us.
This post was edited on 1/13/21 at 5:20 pm
Posted by wheelr
Member since Jul 2012
5149 posts
Posted on 1/13/21 at 5:17 pm to
quote:

So yeah. This is, in every way, worse than the fricked up pension system that bankrupted the American auto makers.



Just did a quick search.

quote:

The Louisiana State Employees’ Retirement System (LASERS) has seen a significant increase in public pension debt in the last two decades. With $7.1 billion in unfunded liabilities, the retirement security of Lousiana’s state workers and retirees may be in jeopardy.

LINK

But we had a 500 million dollar surplus?
Posted by tigergirl10
Member since Jul 2019
10324 posts
Posted on 1/14/21 at 12:43 am to
quote:

age 48 and will collect pensions
Um, they’ve paid into retirement for 26 years at that point and it’s not 100% at that age.
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