BATON ROUGE, (AP) — Both the House and Senate unanimously agreed Monday to delay by one year the start of Gov. Bobby Jindal's plan to shift future rank-and-file state workers to a 401(k)-style retirement plan.
A suspension of the law until July 1, 2014, would give lawmakers time to have some outstanding issues resolved.
A district court judge has ruled the retirement plan unconstitutional. That ruling is on appeal. Meanwhile, leaders of two state retirement systems have raised concerns about tax implications.