Supreme Court: La retirement plan unconstitutional
BATON ROUGE - The Louisiana Supreme Court has ruled that Gov. Bobby Jindal's plan to shift future rank-and-file state workers to a 401(k)-style retirement plan is unconstitutional.
In a decision issued late Friday, Justice Greg Guidry, writing for the majority, affirmed the decision by state District Judge William Morvant in Baton Rouge who said the law was unconstitutional because it didn't receive enough support from lawmakers.
Morvant sided with the Retired State Employees Association of Louisiana, which argued the change required a supermajority vote because the legislative actuary who analyzes retirement bills deemed it carried a price tag. Neither the House nor Senate gave the bill a two-thirds vote on initial passage.
Lawmakers had delayed for a year the program's start which had been slated to begin in July.
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