Jindal offering tweaks to his retirement bills

Associated Press

BATON ROUGE, La. (AP) - Gov. Bobby Jindal is agreeing to make changes to his proposals to overhaul pension benefits for thousands of state workers, after facing resistance from lawmakers about some of the ideas.

Jindal's deputy chief of staff, Kristy Nichols, discussed the proposed changes Friday.

The governor is pushing to increase how much workers contribute toward their retirement by 3%age points and bump back their retirement age, among other proposals.

Rather than use the money from the contribution increase to cut costs at state agencies, Nichols says the governor will support an amendment that would apply the money generated from that increase to pay down the state's multibillion-dollar retirement debt. That could address criticism that the change would be a payroll tax, rather than an assist for the retirement system.

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