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	<author_name>Alaska Public Pension Coalition</author_name>
	<author_url>https://actionnetwork.org/groups/alaska-public-pension-coalition</author_url>
	<title>Pensions Now</title>
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	<description>Alaska is facing a PUBLIC SERVICE crisis. Many state agencies have 20% vacancy rates. There are over 1,100 open positions in public education across the state. The Fairbanks Police Department provides no police coverage every day between 8 am and noon and is offering $20k-$60k hiring bonuses due to the inability to recruit and retain public safety officers. In 2022 and 2023, thousands of vulnerable Alaskans endured a months-long SNAP backlog, going without critical benefits. These are just a FEW examples of the state&#x27;s public service failures. But there is good news! This week Senate Bill 88 advanced out of committee and has a chance to be heard on the Senate floor! Senate Bill 88 is a proposal to restore pensions for public service. SB 88 is a retirement system with reasonable costs and fair benefits. SB 88 is modeled after other states with well-funded modern pension systems, including Wisconsin, South Dakota, and Indiana. SB 88 has safeguards in place to prevent underfunding, protecting the state from unforeseeable debt. Senate Bill 88 is not a silver bullet, but one tool to address Alaska’s public service workforce crisis. Senate Bill 88 provides a modest pension to hard-working, reliable public employees. Send an email to your respresentatives today and tell them to pass SB 88!</description>
	<url>https://actionnetwork.org/letters/pensions-now</url>
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