Showing posts with label Theunissen. Show all posts
Showing posts with label Theunissen. Show all posts

Thursday, June 21, 2007

Governor signs supplemental COLA bill

Governor Blanco has signed into law Senate Bill 116 [Sen. Theunissen], which authorizes the boards of trustees of LASERS and the Teachers' Retirement System of Louisiana (TRSL) to grant a supplemental cost-of-living adjustment (COLA) of 0.5 percent from their respective experience accounts beginning July 1, 2007.

The supplemental raises the total COLA for eligible retirees from 2.5 percent to three percent.