Senate weighs increasing contributions to retirement plans

A co-chair of the Senate Finance Committee is looking at whether bills that would increase local contributions for two state retirement plans are needed this session given new actuarial estimates.
Sen. Anna MacKinnon, R- Anchorage on the floor of the Senate during debate about the state operating budget, March 14, 2016. (Photo by Skip Gray, 360 North)Sen. Anna MacKinnon says the initial indications are there’s a significant drop in the state liability. If that’s the case, she says th