Despite Squabbles, They're Ahead of the Game on GASB

Saskal, Rich
March 2006
Bond Buyer;3/30/2006, Vol. 355 Issue 32350, special section p71
Trade Publication
The article provides an overview of the fiscal condition of Alaska. The author claims that state officials are still trying to resolve the accumulated retirement liabilities even after enacting a change to its public employee retirement system in 2005. State legislators have approved a bill that shifts new government employees to a defined-contribution retirement system. In his bill signing message, Governor Frank Murkowski states that reform is needed to control municipalities and school districts' costs.


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