Post-Katrina Worker Loss Could Hurt Liabilities

DeSue, Tedra
March 2006
Bond Buyer;3/30/2006, Vol. 355 Issue 32350, Special section p61
Trade Publication
The article provides an overview of the fiscal condition of Louisiana. The author claims that there is a concern that the potential reduction in the number of state employees will affect the state's four retirement systems, namely the Louisiana State Employees Retirement System, Louisiana State Police Pension and Retirement System, Louisiana School Employees' Retirement System and the Teachers' Retirement System of Louisiana. Meanwhile, bond rating agencies have threatened to lower the state's bond rating.


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