Articles written by Gov. Sean Parnell

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  • Debt paydown ensures that a pension is a promise

    Gov. Sean Parnell|Jun 1, 2014

    Our state is home to more than 64,000 State of Alaska retirees. We appreciate their service to our great state. From teachers to troopers, many retirees receive a state pension, one that was promised by the state in the past. We have taken a big step in securing those pension promises. This session, my administration proposed, and the Legislature unanimously passed, the largest pay down of pension debt in Alaska history, fixing our unfunded liability that had threatened the state’s retirement plans. In paying down $3 billion of Alaska’s pen...

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