Use Mercer Proceeds to Fund Pensions
from SitNews: Senator Hollis French, D-Anchorage, and Senator Dennis Egan, D-Juneau, wrote Governor Sean Parnell, asking him to help re-establish the “defined benefits” system of retirement for public employees.
“Alaska is the only state in the union that doesn’t offer our public employees defined retirement benefits,” said Senator French. “Our recently-enacted ‘defined contributions’ system is not fair to our workers, and is bad for the economy.”
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