BESE delays action on teacher retirement study
BATON ROUGE - In a turnaround, the state Board of Elementary and Secondary Education has delayed action on a study of Louisiana's $12 billion teachers' retirement debt.
A $143,000 study to do the review cleared a BESE committee Tuesday 8-2. But final action was delayed Wednesday until the board's March meeting amid concerns by state House Retirement Committee Chairman Kevin Pearson.
Pearson said that he viewed the study as a waste of money since other reviews on retirement debt have been done in recent years.
Backers argued the study, to be done by LSU, would allow experts to spend a year delving into the topic and assist a task force of educators who are grappling with the issue.
Teacher unions and the Louisiana Schools Boards Association opposed the contract.