Retirement system reviewing last-minute law change

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Posted: Jul 30, 2014 3:11 PM by APNewsNow
Source: Associated Press

  Rating: 1.0 (1 vote)

Topics: investigation, Mike Edmonson, pension hike, Louisiana State Police, retirement

BATON ROUGE - An investigation into the last-minute passage of a pension hike for the state police superintendent continues, despite Col. Mike Edmonson's decision not to accept the increase.

Irwin Felps, executive director of the Louisiana State Police Retirement System, said Wednesday the system's attorneys are reviewing whether the law change was handled properly.

Felps hopes to have an opinion letter within two weeks.

The retirement hike was tacked onto an unrelated bill in the final hours of the legislative session, sparking criticism it was a backroom deal for a political insider.

Edmonson announced last week he wouldn't take the pension boost and would ask lawmakers to revisit the issue.

Treasurer John Kennedy, a retirement system board member, pushed for the investigation to continue to determine the law's constitutionality and its cost implications.

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