Alaska governor puts pension bond plan on hold

Gov. Bill Walker says the state will not proceed with plans to sell bonds to help pay for Alaska’s pension obligations at this time, citing lack of support from Senate lawmakers.
In a statement Tuesday, Walker said administration officials discussed the proposal with the Senate Finance Committee but did not get buy-in for the idea.
While we believe the financial benefits of issuing state pension obligation bonds significantly outweigh the financial risks, we recognize the need for legislat