Wrangell Sentinel -

Bills propose increased contributions to public employee pension plans

 


JUNEAU, Alaska (AP) – Bills calling for increased local contributions to two state pension programs and an overhaul of a community assistance program have been proposed in the Alaska Senate as lawmakers look to further cut costs amid a bulging budget deficit.

Measures introduced Monday would increase local contributions to the public employees’ and teachers’ retirement systems. They also would phase-out a state-sponsored scholarship program and scale back the community revenue sharing program.

The bills, from the Senate Finance Committee, are interlinked: the teachers’ retirement sy...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021