Compare and contrast: Alaska Senate pension bill peters out, Illinois has worst unfunded pension in U.S.

MUST READ ALASKA | THE CENTER SQUARE The Alaska Senate passed Senate Bill 88, legislation that would revive a pension plan that was retired by the Legislature in 2006, when it became clear that such pensions were unsustainable for the State budget. Newer hires in public employee jobs were put into 401(k) contribution plans that … Continue reading Compare and contrast: Alaska Senate pension bill peters out, Illinois has worst unfunded pension in U.S.