With almost no public discussion or justification, the City of New Orleans retroactively increased pension benefits last fall by 32% for about 1,000 employees hired since 2018, and all future hires, at substantial cost to the public. This reversed reforms enacted just three years ago to address a steady weakening of the pension system’s finances and a steep rise in the public’s costs. The higher benefits will consume limited public resources that could have funded other City needs. BGR’s analysis of the pension increases in A Retreat on Pension Reform: City of New Orleans Reverses Steps to Rein in Sharply Rising Pension Costs by Increasing Benefits finds significant problems with virtually every aspect of the decision-making process. Moreover, officials with the City and pension system did not respond to BGR’s repeated questions about the pension increases.