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Pension Problems (2023)

Louisiana: The State We're In

Details

Collection:LPB

Genre: Newsmagazine

Place Covered: Louisiana

Copyright Holder: Louisiana Educational Television Authority

Date Issued: 2023-10-13

Duration: 00:05:16

Subjects: Retirement | STATE BUDGET

Contributors:

  • St. Cyr, Kara Host
  • Procopio, Steven Interviewee

Description

This segment from the October 13, 2023, episode of the series “Louisiana: The State We’re In” features Kara St. Cyr’s report on the problems facing the state’s pension system. St. Cyr reports that the thirteen statewide retirement systems currently have an unfunded accrued liability (UAL) of $17 billion. She interviews Dr. Steven Procopio, the president of the Public Affairs Research Council of Louisiana (PAR). This segment is a part of The Way Forward: Election 2023 series.