US EditionRestoring Old Pension Plan Will Bankrupt AK without Keeping Teachers or Troopers on the Job
3 Articles
3 Articles
Lucian Pahonçu Announces the Old Pension-Salary Law. the Head of the Spp Benefits From Both Incomes!
The head of the SPP, Lucian Pahonçu, has announced the bill which aims to prohibit the amount of pension from the salary, although he himself benefits from this situation, with both military pensions and a salary of about 6,000 euros. The article Lucian Pahonçu announces the old pension-salary law. The head of the SPP benefits from both incomes!
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 $46K per Alaskan. Reopening it would pile on billions more and threaten the Permanent Fund as the inevitable funding backstop.
The Ministry of Labour has published the bill banning the accumulation of pensions with pay in the state. On the basis of the initial variant, the changes are only intended for special pensions and are not applicable to teachers and doctors.
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