Pension Bill Dies Following Dunleavy Veto and Failed Override Attempt

ATR Commends Governor Dunleavy’s Veto Of Costly Pension Bill - Americans for Tax Reform

Americans for Tax Reform applauds Alaska Governor Mike Dunleavy for his veto of HB 178, legislation that would have repeated expensive mistakes of the past by reverting to a Defined Benefits (DB) pension system for state employees. Facing growing unfunded liabilities in the TRS and PERS state retirement systems, Alaska wisely moved to a 401(k) style Defined Contribution (DC) plan that limited taxpayer liability while providing greater freedom an…

Pension bill dies following Dunleavy veto and failed override attempt

Out of 60 lawmakers, 33 voted in favor of overriding the governor’s veto, below the 40 votes needed for the bill to become law.

AFP-Alaska Thanks Gov. Dunleavy for Veto of Costly Defined Benefit Pension Bill; Commends Legislators for Sustaining Veto

JUNEAU, AK – Americans for Prosperity-Alaska (AFP-Alaska) today thanked Governor Mike Dunleavy for vetoing legislation that would have reintroduced a costly, government-run defined benefit pension system, and praised members of the Alaska State Legislature who voted “no” on overriding the veto.  Last week, AFP-Alaska urged the governor to veto the proposal, citing concerns that defined benefit systems historically lead to cost overruns, unfunded…

Pipeline-for-pension deal falls apart as the Alaska Legislature's regular session nears end

Alaska Gov. Mike Dunleavy vetoed a bill that would have restored public pensions after the failure of a deal negotiated with House leaders.

Pipeline-for-pension deal falls apart as the Alaska Legislature’s regular session nears end

At left, House Majority Leader Chuck Kopp, R-Anchorage, talks with experts on the proposed trans-Alaska natural gas pipeline during a break in debates Monday, May 18, 2026. To Kopp's immediate right is Joelle Hall of the Alaska AFL-CIO. At center, gesturing, is former U.S. Sen. Mark Begich, now an adviser to Gov. Mike Dunleavy. (James Brooks photo/Alaska Beacon)A high-stakes quid pro quo deal fell apart in the Alaska Capitol on Monday as legisla…

Legislators fail to override Dunleavy’s veto of public pension bill

Alaska’s public employees and public school teachers will not have access to pensions this year.