Under the governor's plan, all employees under the age of 55 would have their retirement age bumped up to 67 to match Social Security's retirement age and that age would move along with the federal system. Louisiana is one of six states in which most state employees do not participate in Social Security.
"To change provisions such as those targeted would violate the constitutional restriction against impairing existing benefits," Rougeou said. "Employees who are not yet vested have contractual rights to their benefits."
Saturday, February 25, 2012
Breaking promises
Jindal to state employees: "I am altering the deal. Pray I don't alter it any further."
Labels:
Bobby Jindal,
Louisiana,
pensions
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