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'The state’s pension system is broken.’

Summary by IAFF
Alaska closed its pension system in 2006, forcing public employees into a 401(k) plan and substantially reducing savings retirees earn after a life of public service. Now, two bills in the state legislature look to restore those retirement benefits – to ease a host of issues that have followed in the decades since.

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IAFF broke the news in on Friday, April 11, 2025.
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