RRU Hosts Press Conference – Louisiana Coalition to Preserve Retirement Security
On Thursday, February 26, 2014 Red River United, labor and community leaders called on their elected officials to protect retirement security. Click here to view the video of the press conference.
The group is part of the National Public Pension Coalition and called on Gov. Bobby Jindal and the Louisiana Legislature to stop future attacks on the modest retirement benefits of Louisiana teachers, firefighters, police officers and other public workers, who don’t receive social security. Last year Gov. Jindal’s effort to gut their defined benefit pensions was found unconstitutional by the Louisiana Supreme Court, who said it would drive up costs for taxpayers.
According to a new report from Louisiana Budget Project,<http://www.labudget.org/lbp/2014/01/louisiana-state-pension-plans-contribute-to-state-local-economies/> retirement benefits of public employees are also a key economic driver in the state, representing 1.7 percent of all personal income.
If you care about maintaining your retirement benefits sign out “I am Committed” form and Red River United will keep you apprised of upcoming legislation and how you can get involved!