Retirees urging a veto session for pension increase bill
BATON ROUGE- Retired state workers and public school teachers are trying to salvage a small increase in their pension checks. They are urging state lawmakers to hold a veto session, to override Gov. Bobby Jindal's rejection of the retirement hike.
But the idea is a long-shot.
Lawmakers have never held a veto session under the current constitution, and it only takes a majority vote of either the House or Senate to scrap the session.
Jindal cited national credit rating agency concerns about retirement systems' debt when he rejected the 1.5 percent cost-of-living adjustment bill.
The measure would have given 135,000 retirees an average $30 monthly pension increase.
A decision on the veto session will come this week.
Lawmakers have until midnight Thursday to return ballots if they want to cancel the session.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Crying child wanders into parking lot after being left on school bus...
Livingston Fire Dept.'s struggle with lack of funding continues
Crawfish could be in short supply for businesses relying on Atchafalaya Basin
Brusly looking for missing traffic ticket money
High School located in 'Food Desert' gets a garden on campus