12/1/2013 – Some Alaska employees make bid to return to pension plan instead of 401(K) (Alaska Dispatch)

Several years after Alaska closed its traditional pension plan to new employees, public employees are trying to get back in, but are finding stalwart opposition from the Parnell administration.

Sen. Dennis Egan, D-Juneau, said the new 401(k)-style plans the state moved to in 2006 are not serving the state well. “I want people who are public employees or teachers to be able to retire here, and contribute to our state,” Egan said.

Read the full article at the Alaska Dispatch.

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