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Unfunded pension liabilities cost Louisiana schools $853M last year

bizmagsb.com
 2021-10-19

Cover picture for the articleLouisiana’s public school system had $853 million less to spend on education in fiscal year 2020 because of debt payments schools made to employee pension systems. The finding comes from a new legislative auditor report evaluating the impact of unfunded accrued liability (UAL) payments for two of Louisiana’s largest public pension...

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