Gov. Mike Dunleavy Casts Doubt on Public Sector Pension Plan, Touts Teacher Bonuses as Alternative
JUNEAU, Alaska – Gov. Mike Dunleavy of Alaska expressed uncertainty about the future of a bill aimed at transitioning many public-sector workers back to a pension system, despite it recently passing the Senate with bipartisan support. The proposed bill would offer state and local government employees, including teachers, the option to switch from the existing defined-contribution retirement plan to a pension plan. Advocates argue that this change would enhance the recruitment and retention of employees. …