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Amtrak officials say a train departing from New Orleans derailed not far from Chicago's Union Station.more>> Amtrak officials say a train departing from New Orleans derailed not far from Chicago's Union Station.more>> A government report says construction of a new Veterans Affairs hospital in New Orleans is $370 million over budget and 14 months behind schedule.more>> A government report says construction of a new Veterans Affairs hospital in New Orleans is $370 million over budget and 14 months behind schedule.more>> The State Fire Marshal's Office is asking for assistance in the investigation of a series of fires in St. Charles Parish.more>> The State Fire Marshal's Office is asking for assistance in the investigation of a series of fires in St. Charles Parish.more>> Authorities say a 12-year-old boy accidentally shot his 8-year-old brother with a gun he found in a closet at his grandparents' Baton Rouge home.more>> Authorities say a 12-year-old boy accidentally shot his 8-year-old brother with a gun he found in a closet at his grandparents' Baton Rouge home.more>> The Tangipahoa Parish School Board will use rededicated sales tax revenue, cuts to transportation services, elimination of a perfect-attendance salary bonus and a one-time reduction in the board-mandated minimum fund balance.more>> The Tangipahoa Parish School Board will use rededicated sales tax revenue, cuts to transportation services, elimination of a perfect-attendance salary bonus and a one-time reduction in the board-mandated minimum fund balance.more>> Police are investigating a fatal accident Sunday morning that left an unidentified man dead.more>> Police are investigating a fatal accident Sunday morning that left an unidentified man dead.more>> The National Flood Insurance Program has set up a hotline to provide information to Louisiana residents.more>> The National Flood Insurance Program has set up a hotline to provide information to Louisiana residents.more>> It's all about the odds, and one lone ticket in Florida has beaten them all by matching each of the numbers drawn for the highest Powerball jackpot in history at an estimated $590.5 million, lottery officials said Sunday.more>> It's all about the odds, and one lone ticket in Florida has beaten them all by matching each of the numbers drawn for the highest Powerball jackpot in history at an estimated $590.5 million, lottery officials said Sunday.more>> The incident happened Saturday afternoonmore>> The incident happened Saturday afternoonmore>> 1500 jobs could be in jeopardy if the Algiers-Canal Street ferry goes out of service because of lack of funding. That's according to a local non-profit who recently surveyed riders.more>> 1500 jobs could be in jeopardy if the Algiers-Canal Street ferry goes out of service because of lack of funding. That's according to a local non-profit who recently surveyed riders.more>>
State law requires firefighters to pay 6 percent of their salary towards their retirement. But once a firefighter hits 20 years of service, they don't have to contribute anything. That differs from most other retirement systems in the state.
Most other fire departments in the state are wrapped into the state's Retirement Pension System. All of those firefighters have to pay 8 percent of their salary towards retirement for their entire career.
Other first responders pay even more. Most municipal police, like the NOPD, pay 10 percent of their salary towards retirement. State police officers pay 8.5 percent. For new hires (starting in 2011), they have to pay 9.5 percent.
City of New Orleans employees don't have to pay as much. Right now, they must contribute 5 percent to their retirement. That will jump to 6 percent next year.
