- Parnell proposes $3B toward pension shortfall Updated: Dec-05-13 5:38 pm
- Parnell wants reduced spending in next budget Updated: Dec-03-13 9:58 pm
JUNEAU, Alaska - Gov. Sean Parnell is proposing putting $3 billion from a state savings account toward paying down Alaska's roughly $12 billion pension shortfall.
JUNEAU, Alaska - Gov. Sean Parnell said Tuesday he plans to address Alaska's nearly $12 billion unfunded pension liability as part of an overall effort to rein in spending amid lower expected revenues.