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House advances linked measures to pay down TRSL debt, shore up teacher pay
Summary
Lawmakers advanced a coordinated package of measures — a statutory bill and a companion constitutional amendment — to apply trust-fund monies toward TRSL’s unfunded liability and to fund teacher pay raises if voters approve the amendment.
Members discussed a package of measures intended to improve the fiscal position of the Teacher Retirement System of Louisiana (TRSL) and to fund teacher pay increases.
Representative Carlson described the statutory component of the plan, which would require school districts to use savings realized from changes in TRSL funding to provide a $2,000 permanent pay increase for teachers and a $1,000 increase for support staff if the companion constitutional amendment received voter approval. Carlson told the chamber the statutory bill is the component that would take…
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