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BESE delays action on teacher retirement study

4 years 8 months 1 week ago Wednesday, January 14 2015 Jan 14, 2015 January 14, 2015 1:47 PM January 14, 2015 in News
Source: Associated Press
By: APNewsNow

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.

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