Free of re-election concerns, the outgoing state senator waded into two major policy issues that have been making knees jerk for years: the Alaska Permanent Fund and a state income tax.
As the Legislature looks to close a nearly $3 billion gap between state spending and revenue, Southeast lawmakers say school funding shouldn’t be cut further.
Senate Bill 30 would let local and state government workers choose between a traditional pension and a 401(k)-style retirement savings account.
Senate Bill 30 would allow state and local government workers to choose either a traditional defined benefit pension or a 401(k)-style defined contribution plan.
The Senate State Affairs Committee has advanced a bill giving Alaska’s public employees a choice of retirement systems, despite objections from the Parnell administration.