Testimony: Senate Bill 7 could weaken Louisiana State Police Retirement System

In Politics by Michael Rae

A version of this testimony was submitted to the Louisiana Senate Committee on Retirement on March 28, 2022.

Thank you for the opportunity to share our project’s perspective on Senate Bill 7 (SB7) and issuing a permanent benefit increase to retirees and beneficiaries of the Louisiana State Police Retirement System (LSPRS).

My name is Steven Gassenberger, and I serve as a policy analyst for the Pension Integrity Project at Reason Foundation. Our team conducts quantitative public pension research and offers pro-bono technical assistance to officials and stakeholders aiming to improve pension resiliency and advance retirement security for public servants in a

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