State, municipal leaders discuss pension system debts

State and municipal leaders are in talks to change Alaska’s multi-billion-dollar pension system.
The Ketchikan Daily News reports that local leaders attended a meeting last week in Juneau to discuss possible changes to the system that would assign a portion of the system’s debt to municipalities.
A change in national accounting standards requires the state to show the approximately $10 billion in debt on its books. The Alaska Department of Administration in September sent a memo noti