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State Employee Retirement
Fri May 25, 2012
House Rejects Final Passage of Jindal Pension Bill
BATON ROUGE, La. (AP) — Gov. Bobby Jindal's proposal to create a new retirement plan for future rank-and-file state workers has failed to get final legislative passage. The proposal would create a cheaper investment account similar to a 401(k) plan for state employees hired after July 1, 2013.