Content Tagged As retirement

Tagged News

  • Olympic great Michael Phelps ending retirement

    April 15, 2014 7:09 AM

    Michael Phelps is coming out of retirement, the first step toward swimming at the 2016 Rio Olympics. The 22-time Olympic medalist will compete for the first time since the 2012 London Olympics at a meet in Mesa, Ariz., on April 24-26. USA Swimming said Monday that Phelps is expected to... more »
  • Bills to pay down state retirement debt stall

    March 20, 2014 2:16 PM

    BATON ROUGE- Lawmakers on the House Retirement Committee deadlocked on a proposal that would steer more money to retirement debt by taking dollars from an account used to pay cost-of-living increases to retired state workers. The committee voted 5-5 Thursday for the proposal, stalling it. After the vote, Rep. Kevin... more »
  • Judge rules against budget tactics

    November 13, 2013 11:56 AM

    BATON ROUGE - A judge has ruled against the use of money from a retirement fund to balance the state budget. The ruling says Governor Jindal and the legislature shouldn't have used $3.7 million from a probation and parole officers retirement fund in the budget. The legislature and... more »
  • Teachers retirement fund earns $1B

    November 12, 2013 8:24 AM

    BATON ROUGE - Hefty investment earnings increased the Teachers Retirement System of Louisiana's assets more than $1 billion during the past fiscal year ending June 30. TRSL Executive Director Maureen Westgard says the investment return was 13.8 percent. System assets jumped from $13.5 billion to $14.66 billion, according to the... more »
  • LSU hospital layoffs reduce state retirement debt

    November 6, 2013 12:04 PM

    BATON ROUGE - The Jindal administration's layoff of more than 7,700 LSU hospital workers has put a major dent in the state employee retirement system's debt, dropping it hundreds of millions of dollars. Gov. Bobby Jindal pushed to turn over the operations of LSU hospitals to private companies. Seven deals... more »
  • La. teachers retiring in high numbers

    July 10, 2013 7:25 AM

    BATON ROUGE - Louisiana teachers are continuing to retire at higher-than-usual numbers - more than 7,500 in the last two years. The number of retirements in 2013 increased from the 24 percent increase last year. Dana Vicknair, assistant director at Teachers Retirement System of Louisiana, says the figure... more »
  • Picture day streak ends for teacher

    July 3, 2013 7:52 PM

    DALLAS- A teacher's streak of wearing the same outfit for his school photo came to an end after 40 years because he retired. Dale Irby says it started as an accident. When he got his school photo after his second year of teaching he says he was embarrassed to find... more »
  • UNO's most accomplished coach, Maestri, returns

    July 2, 2013 3:43 PM

    NEW ORLEANS - Former New Orleans baseball coach Ron Maestri is coming out of retirement to coach the Privateers on a field named after him. Introduced as the Privateers' new coach on Tuesday, the 72-year-old Maestri says he's ready for "the challenge of bringing back that UNO pride." Maestri coached... more »
  • Retirement home employee arrested for theft

    May 22, 2013 11:36 AM

    SLIDELL- A 52-year-old Slidell retirement home employee is facing several theft charges after police say she stole jewelry and a digital camera from residents and then sold the items to local pawn shops. The Times-Picayune reports Stephanie Ducre is being held in the St. Tammany Parish Jail on a $25,000... more »
  • Bears LB Urlacher announces retirement

    May 22, 2013 10:49 AM

    CHICAGO - Star linebacker Brian Urlacher says he's retiring after spending 13 seasons with the Chicago Bears. The eight-time Pro Bowler announced his retirement through social media accounts Wednesday. In a statement, he says "after spending a lot of time this spring thinking about my NFL future, I have... more »
  • Barbara Walters to announce retirement today

    May 13, 2013 7:09 AM

    NEW YORK - Barbara Walters is retiring. The veteran ABC News anchor is set to announce Monday morning on "The View" that she will retire from TV journalism during the summer of 2014. ABC said in an announcement late Sunday that, until then, Walters will continue to anchor... more »
  • St. Helena schools to offer buyouts

    May 12, 2013 10:29 AM

    GREENSBURG, La. - The St. Helena Parish School Board has approved a plan to offer early retirement buyouts to some staff members. The Advocate reports certified employees would be offered $5,500 to take early retirement, and noncertified employees would be offered $3,000. School system officials say six certified and three... more »
  • West Feliciana school board freezes teacher pay

    March 20, 2013 8:06 AM

    ST. FRANCISVILLE - A $1.5 million budget shortfall has forced the West Feliciana Parish School Board to freeze teacher salaries, cut administrative pay and propose a retirement incentive program. The board's secretary and finance manager, Ruthie Davis, told the board Tuesday night that retirement funding costs have skyrocketed in the... more »
  • Benedict greets cardinals on final day as pope

    February 28, 2013 4:43 AM

    VATICAN CITY - Pope Benedict XVI has greeted his cardinals for the last time as pontiff, beginning his final day as leader of the world's 1.2 billion Catholics before heading into retirement. During his comments, Benedict promised "unconditional reverence and obedience" to his successor. He urged his cardinals to... more »
  • Trial set in lawsuit against state retirement plan

    January 24, 2013 10:20 AM

    BATON ROUGE - A Baton Rouge judge is hearing arguments in a lawsuit challenging Gov. Bobby Jindal's 401(k)-style retirement plan for future rank-and-file state workers. The Retired State Employees Association of Louisiana claims the law is unconstitutional because it didn't get a two-thirds vote in the state House of Representatives.... more »
  • 2nd top La extension service official is retiring

    January 14, 2013 1:00 PM

    BATON ROUGE - A second top official of the Louisiana Cooperative Extension Service is retiring. The LSU AgCenter said Monday that Dwight Landreneau - an AgCenter associate vice chancellor and associate director of the extension service - will retire June 1. On Jan. 4, extension service director and AgCenter vice... more »
  • Louisiana teachers do not invest in gun company

    December 18, 2012 10:28 PM

    BATON ROUGE- The retirement system for teachers in Louisiana said it does not invest money in a company tied to a gun manufacturer. Questions about specific holdings surfaced in Louisiana, after one of the largest teacher retirement systems in the country, California State Teachers' Retirement System, announced it had... more »
  • Lawmakers considering ideas to help poor retirees

    August 21, 2012 3:34 PM

    BATON ROUGE - Lawmakers are trying to find ways, despite the state's ongoing budget woes, to boost retirement payments to retired state workers and public schools teachers. Thousands of those retirees receive benefits at or below the poverty level, the Senate Retirement Committee was told Tuesday. State senators said they... more »
  • Lawsuit filed against new state retirement plan

    August 16, 2012 11:34 AM

    BATON ROUGE- An organization representing Louisiana's retired state employees is challenging Gov. Bobby Jindal's new pension plan for future rank-and-file state workers. The Retired State Employees Association of Louisiana claims the law, passed earlier this year, is unconstitutional because it didn't get a two-thirds vote in the state House of... more »
  • La. chief justice declines to discuss successor

    July 10, 2012 6:23 PM

    NEW ORLEANS - Louisiana Supreme Court Chief Justice Catherine "Kitty" Kimball says the state's code of judicial conduct prohibits her from meeting with a group of community leaders to discuss their concerns about the court's impending debate over naming Kimball's successor. Several supporters of Justice Bernette Johnson, who sued last... more »
  • State worker retirement contributions could change

    May 23, 2012 5:06 PM

    BATON ROUGE- Another key component of Governor Bobby Jindal's pension reform package advanced at the Capitol today. Senate Bill 52 by Senator Elbert Guillory, D- Opelousas, could require state workers to contribute more towards their retirement plan. About 47,000 workers could be affected. The list does not include K-12... more »
  • Retirement, education and Juban Crossing on Capitol agendas

    April 30, 2012 9:06 AM

    BATON ROUGE- Lawmakers are scheduled to vote on another part of Governor Bobby Jindal's pension reform. The bill would base retirement on a state worker's last five years of employment instead of the current three year window. The House Education Committee is set to vote on a number... more »
  • State retirement bill debate underway

    April 23, 2012 12:00 PM

    BATON ROUGE- Another component of Governor Bobby Jindal pension reform plan is scheduled for debate in the Senate Retirement Committee. It calls for a constitutional amendment to change state employees from a defined benefit retirement plan to a defined contribution plan. Groups opposed to the plan are also... more »
  • Jindal retirement revamp gets Senate hearing Play Video

    April 16, 2012 3:50 PM

    BATON ROUGE - It was a battle of legal opinions as the Senate Retirement Committee combed through Gov. Bobby Jindal's proposals to push back the retirement age for about 50,000 rank-and-file state workers and public college employees. The debate centers on a provision in the Louisiana Constitution that protects pension... more »
  • Jindal retirement bills stalled in Legislature

    March 29, 2012 2:25 PM

    BATON ROUGE, La. (AP) - Gov. Bobby Jindal's push to revamp pensions for thousands of rank-and-file state workers is stalled in the Louisiana Legislature as lawmakers haggle behind the scenes over the proposals. Neither the House retirement committee nor the Senate retirement committee has scheduled the measures for hearing yet.... more »
  • Bed bugs bugging BR retirement complex Play Video

    March 26, 2012 10:03 PM

    BATON ROUGE- Bed bugs are biting at a retirement complex downtown. Operators of Catholic-Presbyterian Apartments say they've been bugged by the insects for a year. Twelve cases were handled at the 195-unit building last year, five so far this year. Residents tell News 2 the bugs are crawling... more »
  • At the Capitol: State employee retirement age Play Video

    March 26, 2012 10:26 AM

    BATON ROUGE - Changes to state worker retirement plans proposed by Gov. Bobby Jindal could undergo changes today. Sen. Elbert Guillory (D-Opelousas), who chairs the Senate Retirement Committee, said there are discussions to slowly introduce the age requirement depending on how long someone's been employed. The more years someone... more »
  • Randy Moss comes out of retirement

    February 14, 2012 8:54 AM

    Wide receiver Randy Moss wants to resurrect his NFL career. Moss used a live webchat on his 35th birthday Monday to announce he plans to come out of retirement next season. Moss retired last August, after compiling 14,858 receiving yards and 153 touchdowns in 13 seasons. He last played in... more »
  • State budget presented today

    February 9, 2012 9:30 AM

    BATON ROUGE- Governor Bobby Jindal is presenting his budget plan during a legislative session Thursday. Higher education could get an extra $100 million if the changes pass, which includes tuition increases. State employees' retirement is at stake with new money going to public education. The governor's chief... more »
  • Jindal budget won't cut colleges at cost of state employee's retirements

    February 8, 2012 5:08 PM

    BATON ROUGE - Gov. Bobby Jindal's budget won't propose cuts to public colleges next year and would give the schools an extra $100 million if lawmakers agree to raise retirement costs for state workers and make other changes to the state employee retirement system. The governor's chief of staff, Stephen... more »
  • Jindal pushes retirement revamp for state workers Play Video

    January 25, 2012 2:40 PM

    BATON ROUGE - Gov. Bobby Jindal is asking lawmakers to revamp the retirement program for thousands of state workers, to shrink their benefits, boost their costs and push back the age to collect benefits. Jindal unveiled the legislative proposals Wednesday, saying they would rein in costs for systems that are... more »
  • Leadership changing for Louisiana National Guard

    November 3, 2011 12:30 PM

    BATON ROUGE, La. - The head of the Louisiana National Guard is retiring after more than 40 years in the military and nearly 14 years as adjutant general. Gov. Bobby Jindal announced Maj. Gen. Bennett Landreneau's retirement Thursday, saying he will be replaced with Brig. Gen. Glenn Curtis, who... more »
  • Stock drop affects retirement plans

    August 8, 2011 10:58 PM

    BATON ROUGE- Another major down-day on Wall Street has left your 401K taking another huge hit. And you've had lots of questions about what will happen next. We took questions you posted on News 2's Facebook page to financial experts. The first answer from our experts: Don't... more »
  • House delays consideration of $25M retirement hike

    June 2, 2011 4:30 PM

    BATON ROUGE - Gov. Bobby Jindal's proposal to raise state employee retirement costs to fill budget gaps has stalled in the House amid questions about whether the bill should be considered a payroll tax hike on workers. Republican Rep. Kirk Talbot, the sponsor of the measure, scrapped a House... more »
  • La. House to consider $25M retirement cost hike

    June 2, 2011 11:27 AM

    UPDATE - Debate has been delayed on this bill by Rep. Talbot, according to News 2's Mike Steele. Original story: BATON ROUGE - The Louisiana House is considering whether to raise retirement costs for state employees, a move that would lower take-home pay but give state coffers an... more »
  • House panel weighing boost in state worker costs

    May 19, 2011 5:52 AM

    BATON ROUGE- The House Retirement Committee will discuss a proposal today that would raise retirement costs for state workers, which would eat into paychecks that have been frozen at the governor's request for several years. The bill would cost state employees an estimated $25 million more annually for their retirement... more »
  • Sheriff Willie Graves announces retirement

    January 12, 2011 5:39 PM

    LIVINGSTON - Livingston Parish Sheriff Willie Graves announced this morning he will not be seeking a fifth term in office. He plans to retire when his term ends June 30, 2012. Graves has served as Sheriff since 1996, when he replaced his father, the late Odom Graves, who served in... more »
  • Holden announces interim BRPD chief, search plans

    November 4, 2010 7:18 PM

    BATON ROUGE - Mayor Kip Holden announced today that retired BRPD patrol commander Charles Mondrick will head up the department while a national search is held to replace Chief Jeff LeDuff, who is retiring at the end of the month. Flanked by Mondrick and LeDuff, Holden said that he would... more »
  • Baton Rouge Police Chief LeDuff to retire in December

    October 26, 2010 1:55 PM

    Baton Rouge Police Chief Jeff LeDuff has formally notified city officials of his intention to retire by the end of the year. The mayor's office provided News 2 with a letter today from Mayor-President Kip Holden to the Municipal Fire and Police Civil Service Board. In it, Holden said... more »
  • Acadia Parish approves school budget

    July 6, 2010 6:19 AM

    The Acadia Parish School Board has unanimously approved a $68.59 million general fund budget for 2010-11 that projects a $1.357 million shortfall. Business Director Mike Leonards said the district is facing increased expenses and less revenues. Leonards expects the district to be faced with $2 million in increased costs for... more »
  • Latest from the Capitol

    June 20, 2010 8:12 PM

    A proposal to revamp the statewide retirement programs for new hires, particularly rewriting the pension plans for new teachers, received final passage with a 93-3 House vote Sunday. House Bill 1337 by Rep. Joel Robideaux, I-Lafayette, would restructure the programs for new employees who start in January, changing the... more »
  • About 100 school employees to be reassigned

    June 3, 2010 6:05 AM

    The Rapides Parish School District plans to cut about $4 million from the budget, and will reassign about 100 employees. The plan calls for using consolidation and attrition to eliminate positions, but it does not require any layoffs of existing employees. The plan, designed by Superintendent Gary Jones, is in... more »
  • Pension plans running low?

    February 22, 2010 5:35 PM

    The Pew Center on the States, a national think tank, says Louisana's pension system is underfunded. But retirement experts in state government say the concern is over-blown. News 2's Luke Margolis gets answers on whether or not government workers need to worry about their pensions. more »
  • Early pension checks sent to state retirees

    January 5, 2010 8:53 AM

    More than 30,000 retired state employees erroneously got their January pension checks in December, creating a big headache for them and the pension system. The Louisiana State Employees Retirement System sent some $40 million in electronic checks to 34,866 retiree accounts Dec. 22 a month early. LASERS spokeswoman Robyn Ekings... more »
  • Retirement money under investigation

    October 17, 2009 2:22 PM

    Louisiana's attorney general and state inspector general are investigating investments made in golf courses by the Louisiana Municipal Police Employees Retirement System. Investigators are looking into a $24 million investment into the Boot Ranch resort in Fredericksburg, Texas, a golf and residential development facing foreclosure. On Friday, the... more »
  • John Sinquefield to retire

    September 17, 2009 12:32 PM

    The number two man at the Louisiana Attorney General's Office announced his retirement on Thursday. Sinquefield will retire effective Oct. 16. He is expected to continue working with the East Baton Rouge Parish District Attorney's Office. Sinquefield said he is retiring to have more time to travel. more »

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