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Louisiana faces rising long-term pension liability burden | Louisiana

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2 days ago

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www.thecentersquare.com – By Nolan McKendry | The Center Square – 2024-12-02 13:44:00

SUMMARY: In fiscal 2023, Louisiana’s long-term liabilities rose to $17.2 billion, equal to 6.4% of personal income, indicating a growing financial burden on residents. Adjusted net pension liabilities increased to $9.4 billion or 3.5% of personal income, while direct state debt slightly decreased to $7.8 billion (2.9% of personal income). The state’s pension systems faced challenges due to weaker asset values and declining funding ratios. Legal barriers complicate the management of pension obligations, and despite the rise in liabilities, Louisiana maintains a stable direct debt profile. The AA- issuer default rating reflects its ability to handle fiscal pressures, albeit with ongoing pension challenges.

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How long could Taysom Hill be sidelined during rehab for season-ending injury?

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15 hours ago

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December 3, 2024

By

www.youtube.com – WWLTV – 2024-12-03 11:01:08

SUMMARY: Taysom Hill is facing a torn ACL, which will likely end his season. The ACL is crucial for knee stability, and it typically cannot be repaired but is instead reconstructed using a graft from other areas of the knee. Rehabilitation involves strengthening core, hip, and quad muscles, alongside aggressive range-of-motion exercises. It will take about nine months for full recovery. Although Hill previously injured this knee in college, with a plate and screws already in place, athletes generally recover better than others. A second opinion on his injury is expected. Dr. Wendell Herd explains that post-recovery, athletes can return to high-level performance.

So what kind of rehab is New Orleans Saints star Taysom Hill facing with this injury and how long could he be sidelined? WWL Louisiana’s Meg Farris reports.

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A few more light showers today and tonight

Published

16 hours ago

on

December 3, 2024

By

www.youtube.com – KSAT 12 – 2024-12-03 09:58:22

SUMMARY: Good morning, I’m Justin Horn with your Tuesday forecast. This morning has seen light showers, with more expected throughout the day, mainly as sprinkles. Tonight, there may be an increase in light showers or drizzle. Tomorrow will be mostly cloudy, with a 30% chance of rain around midday, decreasing to 20% in the afternoon. Temperatures will reach around 60°F today. Looking ahead, an upper-level low brings increased rain chances on Friday and Saturday, potentially impacting the marathon events. Expect temperatures to drop to the 50s for the weekend, with lingering showers possible on Sunday.

Expect lots of clouds this week and more rain chances later this week.

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LIVE WITH HANNAH: CPKC Holiday Express Train to arrive in Monroe on December 3rd

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17 hours ago

on

December 3, 2024

By

www.youtube.com – KTVE – 2024-12-03 09:19:45

SUMMARY: The CP KC Holiday Express train will arrive in Monroe today at 3:00 p.m. and will be open to the public starting at 4:00 p.m., running until 8:00 p.m. Fox 14’s Hannah Clark, reporting live, encourages families and friends to attend this festive event, which also features local vendors for holiday shopping. It’s a wonderful opportunity to create special memories with loved ones during this Christmas season. Overall, it promises to be a fun-filled day with activities and unique shopping options.

LIVE WITH HANNAH: CPKC Holiday Express Train to arrive in Monroe on December 3rd

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