Union members press State to bring back old pension plan

Anchorage Representative Harry Crawford whipped up a crowd of state workers on the capitol steps today. They’re all members of various unions that represent public employees and teachers. Today’s agenda: return the state’s pension plan to a defined benefit program. It’s been 4 years since the Legislature passed the controversial Defined Contribution Plan — similar to a 401(k) in which investment risk and rewards are assumed by the individual employee and not by the employer.

Rosemarie Alexander, KTOO – Juneau

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