Rep. McCabe exposes ‘voodoo math’ behind push to restore Alaska’s defined benefits
Every time someone claims that defined benefits will save Alaska money, they are betting your children’s Permanent Fund Dividends, your possible future taxes, or deep cuts to troopers and schools on the hope that the stock market will run hot for the next
OPINION: Alaska can’t afford to get ensnared in another pension trap
The choice before the Legislature is not between “doing nothing” and “supporting teachers.” It is between repeating a proven failure and building a sustainable system that serves both employees and taxpayers over the long
OPINION: Restoring old pension plan will bankrupt AK without keeping teachers or troopers on the job
We already owe nearly $7 billion in unfunded liabilities from the old pension system - roughly $46,000 per Alaskan. Reopening it would pile billions more on future generations and threaten the Permanent Fund as the inevitable funding
Alaskans urge lawmakers to oppose tax hikes to grow govt. employee benefits
To pay for this massive growth in government spending, lawmakers are floating the idea of instituting a statewide tax, while further raiding the popular Permanent Fund
Poll: Alaskans oppose tax hikes to flood state pension plan and public schools
A new statewide survey commissioned by Americans for Prosperity-Alaska (AFP-Alaska) makes it clear that Alaskans oppose new taxes for costly state pension plan proposals or expanded spending on state-funded education. Public opinion seems to contrast with
Americans for Prosperity-AK warns that legislative push to revive state retirement plan could cost $9B, require taxes, kill PFD
One of the leading conservative advocacy groups in Alaska is urging the State House to reject the Senate’s approval of legislation that would restore a state employee pension plan that it says would cost Alaska upwards of $9 billion
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