Showing posts with label School Employees' Retirement System of Louisiana. Show all posts
Showing posts with label School Employees' Retirement System of Louisiana. Show all posts

Thursday, May 24, 2012

Treachery, contempt and the House Retirement Committee


Treacherous is just one of the words describing the actions of the House Retirement Committee on Wednesday. The committee’s utter contempt for the people of the state and the rule of law is surpassed only by its craven submission to the will of Governor Bobby Jindal.

Not that all members were compliant when a bill’s intent was completely transformed so the governor could get his way and merge the Teachers’ Retirement System of Louisiana and the Louisiana School Employees’ Retirement System.

Democrats on the committee, led by Rep. Sam Jones (D-Franklin) boycotted the vote, leaving only Republican members to do the governor’s bidding.

Here are the sordid details.

The committee was slated to hear SB 6 by Sen. Elbert Guillory (D-Opelousas), an innocuous bill calling for an annual report to the school employees’ retirement system on privatized jobs.

But as has happened too often this session, the bill was hijacked by a surprise, 47-page amendment crafted by the governor’s office. The new language resurrected the system merger, which was originally contained in HB 1198 by Rep. Kevin Pearson (R-Slidell).

HB 1198 was approved by the Retirement Committee, but has languished on the House calendar for lack of enough votes to guarantee its passage.

House rules say that substantive amendments must be submitted 48 hours in advance of the meeting. But Rep Pearson, who chairs the panel, ruled that the amendment was not new information to the committee, and allowed it to be considered.

Reaction to the maneuver was immediate and explosive. Calling the move a “farce,” Rep. Jones walked out of the meeting. Without a quorum present, Rep. Pearson recessed the meeting to round up enough allies to pass the bill. When the panel reconvened, Democratic members stayed away, leaving only Republican lawmakers present to approve the bill.

“Offensive” was one word LFT Legislative Director Mary-Patricia Wray used to describe the tactic. “I think that the good faith of this Legislature with the citizens of this state has been breached," she said.

The underhanded tactics endorsed by Rep. Pearson and Sen. Guillory meant that teachers and school employees whose retirement will be affected did not have a chance to comment before the committee voted. And because SB 6 had already been approved by the Senate in its original form, the amended version now faces scrutiny only on the House floor.

The merger would abolish LSERS and transfer all its property, rights, obligations and employees into the Teachers’ system. In the process, 30 employees would lose their jobs within a year. That greatly increases the work load on remaining staff, and could cause a reduction in services for the members of the merged systems.

Times-Picayune reporter Jeff Adelson covered the meeting for this story; Marsha Shuler of The Advocate filed this report.

Friday, April 27, 2012

Tell lawmakers to leave our retirement systems alone!

Soon - perhaps next Tuesday, May 1 - the House and Senate will both consider retirement bills that would weaken the retirement systems, make them less effective advocates for retirees, and reduce benefits for future, and even some current, public employees.

No matter what you hear from legislators, many of these bills will also have an effect on K-12 teachers - click here to find out why K-12 teachers should be as concerned as other public servants about these plans.

Because bills are being heard in both the House and Senate, it is important that you send two messages, one to each legislative body.

Please click here to send a message to your State Representative about HB 1198 and HB 61.

Please click here to send your State Senator a message about SB 33, SB 52, SB 47 and SB 749.

Friday, May 1, 2009

Retired teachers will protest system changes May 28

Retired teachers from around Louisiana will be at the state capitol on May 28 to protest proposed changes to their retirement system.

According to this Alexandria Town Talk article by reporter Robert Morgan, retirees are opposed to a proposed merger of the state retirement systems.

The last time a merger of retirement systems was considered, a flood of protests doomed a plan by former Senator Walter Boasso to consolidate the Teachers' Retirement System of Louisiana and the Louisiana State Employees' Retirement System. That was in the 2005 legislative session.

This year's proposal, House Bill 230 by House Speaker Jim Tucker (R-Terrytown) and Rep. Jeff Arnold (D-New Orleans), is even more ambitious. It would also bring in the other two statewide employee retirement systems, the School Employees' Retirement System and the State Police Retirement System.

Supporters say that consolidating the systems would make their management more efficient. Opponents suspect that the larger issue is the vast sums of money that a single board could funnel to favored investment firms.