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March, 2005

PAR Opposes Diverting Rainy Day Funds

Some members of the joint budget committee seem eager to consider ways to divert revenue from the Rainy Day Fund into program spending. While not part of the administration’s budget plan, the idea of lowering the cap on the fund to free up mineral revenues for general fund use was raised several times in last […]

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It is Time to Reform Retirement, PAR Says

Enacting public employee retirement reforms now can help prevent funding problems from spinning out of control in the future, the Public Affairs Research Council (PAR) said in an analysis “Public Employee Retirement: A Time for Change” released today. “The state’s 40-year plan to pay off the unfunded accrued liability (UAL) of the pension systems and […]

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