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State faces rising long-term pension liability burden

(The Center Square) — Louisiana’s long-term liabilities, including direct debt and adjusted net pension liabilities, increased in fiscal 2023, reflecting broader national trends driven by market volatility.

According to a report from Fitch Ratings, Louisiana's total adjusted long-term liabilities reached $17.2 billion, representing 6.4% of personal income, ranking 34th among states for this burden.

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