In 2006, the state of Alaska moved from one type of retirement system (defined benefits pension-DBP) for state employees to a 401(k)-style defined contribution retirement plan. The reason for this switch was concernsRead More
Testimony: Retirement Benefits
Alaska’s Public Pension Health, Ranked
According to a report by our network partner, Tax Foundation, Alaska ranks 31st out of 50 states for how well-funded the public pensions are. As of 2020, one year after the Tax FoundationRead More
Alaska’s K–12 Spending Increase
The Alaska legislature is contemplating House Bill 272, a proposal for a $71 million/year increase in K–12 spending ($590/student in average daily attendance). Part of the justification for the proposed increase seems toRead More
Rebuilding Alaska’s Unemployment Insurance Trust Fund
By Rea S. Hederman Jr. and Quinn Townsend In late spring, Alaska will receive its second and final share of federal money from the American Rescue Plan Act (ARPA). With the size ofRead More
Special Report: Analysis of Department of Education & Early Development (DEED) Spending
Click here to view the interactive graphs (detached from the full report) For many years, the Department of Education and Early Development (DEED) has required the largest portions of state spending, with the DepartmentRead More