Louisiana Retired Teachers Association (LRTA) Executive Director Rodney Watson, center, with President Bill Brugmann at left, and School Board President Stephen J. "Jack" Loup, III, at right, Legislative Chairman for the STRSEA.
A special meeting for all St. Tammany public school retirees and active employees was held Friday, Feb. 12, 2016, to hear guest speaker Rodney Watson, LRTA's Executive Director, talk on "Legislative Updates: A Call to Activism". More than 112 people gathered for the event held at the David Treen Instructional Technology Center in Mandeville.
After a detailed analysis of how retirement systems are funded, he explained several proposals on making changes to the system that could adversely affect current and future retiree benefits, as well as state-related expenditures.
Watson met with the STRSEA in December for an overview of possible system changes, and his February presentation gave significant details of what may be considered by the legislature and how it could affect monthly benefits and long-term viability of the system.
To view photos from the event, click here.
In the You Tube video above, Mr. Watson's talk begins at four minutes, 15 seconds into the video. Click on the image to view the video.
Watson presented an informational slide show detailing his key points of the La. Retired Teachers retirement funding. A PDF File of the slide show is available by clicking here.
