In response to a column that appeared in The Wall Street Journal on February 28, 2024, NIRS submitted a letter to the editor noting that the column neglected to recognize “the success other states have had managing pensions and the benefits that accrue to their citizens.”

Highlighting the issues Alaska has faced since closing its two statewide pension plans, NIRS Executive Director Dan Doonan wrote, The National Institute on Retirement Security published a report last year illustrating the poor retention rates of workers in Alaska’s defined-contribution plans, which will only worsen as the share of workers in the pension plans continue to decline.”

Read the full response here.