Louisiana Amendment 5 is on the November 3, 2026 ballot.
What it does
Remove the requirement that a state retirement system receiving nonrecurring state funds apply those funds to its oldest outstanding unfunded accrued liability first
On your ballot
Do you support an amendment to authorize a state retirement system to apply any nonrecurring state monies it receives to any of its unfunded accrued liability rather than requiring application to its oldest unfunded accrued liability? (Amends Article VII, Section 10(D)(2)(b)(iii))
What a yes vote means
A "yes" vote supports amending the Louisiana Constitution to remove the requirement that a state retirement system receiving nonrecurring state funds apply those funds to its oldest outstanding unfunded accrued liability (UAL) first.
