Gov. Dunleavy casts doubt on future of Senate-passed public-sector pension bill

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If signed into law, many employees of state and local governments, including teachers, would have the option to switch from the existing defined-contribution retirement plan to a pension plan.

Gov. Mike Dunleavy, R-Alaska, speaks to reporters during a news conference at the Alaska State Capitol in Juneau on Feb. 7, 2024.

The proposal passed the bipartisan-majority Senate in late January. If signed into law, many employees of state and local governments, including teachers, would have the option to switch. Proponents pitch it as a way to improve hiring and retention. “Full disclaimer, I’m a tier one retiree. I was a teacher,” Dunleavy told reporters, referring to his own pension. “But younger folks appear to be less interested in that.”

Dunleavy also touted investments in the Department of Public Safety that he said were meant to help recruit and retain state troopers.

 

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