EconomyFinding
Alaska should bring back defined-benefit pensions for new public employees.
Since 2006, new Alaska public employees have been placed in a 401(k)-style retirement plan instead of a guaranteed pension. This would restore a pension that pays a set monthly benefit in retirement.
Bernadette M. Wilson
these two pension proposals are using the same antiquated funding mechanisms that have continued to plague the state's legacy pension plan
Open sourcemustreadalaska.com No archived copy yet
- Verification
- Quote found on the cited page by an independent check.
- Confidence
- Medium (0.70)
- Review
- Not yet reviewed by a person.