Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SeekAndFind

Good to see, as I’m a public employee in Alaska. We saw the fiscal crisis coming more than 10 years ago, and the legislature went ahead and fixed it when times were flush. Teachers used to have the traditional all-expenses state-funded pension that’s breaking most states now, but the state switched over to a 401k-style pension plan that has been working well so far. Alaska is now in a financial decline due to lower oil prices and reduced extraction, and there’s a lot of angst about it, but the pensions are safe. Maybe thinking about having savings for the future comes from living in the Arctic.


9 posted on 07/08/2015 8:25:06 AM PDT by redpoll
[ Post Reply | Private Reply | To 1 | View Replies ]


To: redpoll
Both last-place Illinois and first-place Alaska — along with Mississippi, New Mexico, Nevada, Kentucky, Hawaii and Ohio — rate poorly when their public employees’ post-employment benefits are taken into account.
10 posted on 07/08/2015 8:29:39 AM PDT by kabar
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson