(AP) — Louisiana lawmakers are considering a change in the retirement plans given to state government workers and teachers, a shift that would strip the guarantee of a benefit tied to salary and years of service. The House and Senate retirement committees on Monday began debating an idea offered by House Speaker Jim Tucker to switch incoming state government workers to a retirement offering similar to a 401(k) plan.–Contact The Daily Reveille’s news staff at [email protected]
Louisiana lawmakers weigh government retirement change
By The Associated Press
October 18, 2009