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re: 25% of the LA school budget goes to pensions.

Posted on 10/25/21 at 3:04 pm to
Posted by AtlantaLSUfan
Baton Rouge
Member since Mar 2009
23395 posts
Posted on 10/25/21 at 3:04 pm to
The pension incentives teachers who are dying to leave for other careers to stick it out ten years more than they want to.

Give them double matched 401k retirement and even a better salary. Everyone wins, state saves money long term.
Posted by chryso
Baton Rouge
Member since Jul 2008
12002 posts
Posted on 10/25/21 at 3:21 pm to
Nobody ever remembers that Bobby Jindal tried to do this. It is a better deal for the state to do pensions than it would be for the state to put in it's share of social security.
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