Louisiana Retirement Proposal Goes Down In Flames
The Louisiana Senate says “no” to a retirement proposal. The idea would have prevented former lawmakers getting more money in their retirement pay by getting hired on to a state job after they either leave or are voted out of office. Senator Dan Claitor’s bill would have made it illegal for any former members of the Legislature from participating in the state retirement system.
Under the bill, if it would have passed, any former lawmaker who is currently in the state retirement system would be treated like his state employment ends on June 30, for determination of benefits. Only a few lawmakers would be affected, as the Legislature vote that anyone elected since 1997 would not be eligible for the state pension system. The Senate voted 36-3 for a procedural move that stopped debate on the bill, stalling it on the calendar.