Editorial: Pension and Health Care - WSFA.com Montgomery Alabama news.

Editorial: Pension and Health Care

Many states struggle to meet pension and health care obligations to their retired workers.

Alabama has established trust funds to pay for public retirees' future health benefits.

We will vote Tuesday to write into the state constitution a guarantee that the money invested in these trusts for retired state workers and teachers can't be spent for anything else.

We will also vote on an amendment allowing the state to borrow an extra $400 million for incentives to attract new industry and more jobs. The current borrowing limit is $350 million.

Alabama's business recruitment successes rival any in the nation in part because of these incentives.

A YES vote on both amendments will benefit all of us.

It will help keep the state's bond rating one of the highest in the nation - saving Alabama taxpayers money.

  • NewsMore>>

  • Political end to Olympics: NKorea offers talks with US

    Political end to Olympics: NKorea offers talks with US

    Sunday, February 25 2018 2:16 AM EST2018-02-25 07:16:08 GMT
    Sunday, February 25 2018 10:59 AM EST2018-02-25 15:59:45 GMT
    (AP Photo/Patrick Semansky). A volunteer walks in a foggy Pyeongchang Olympic Plaza during the 2018 Winter Olympics in Pyeongchang, South Korea, Saturday, Feb. 24, 2018.(AP Photo/Patrick Semansky). A volunteer walks in a foggy Pyeongchang Olympic Plaza during the 2018 Winter Olympics in Pyeongchang, South Korea, Saturday, Feb. 24, 2018.

    Pyeongchang closes its chapter of the modern Olympics on Sunday night with tales of detente and competitive grit and volunteerism and verve.

    More >>

    Pyeongchang closes its chapter of the modern Olympics on Sunday night with tales of detente and competitive grit and volunteerism and verve.

    More >>
  • 2 dead as severe weather moves eastward through central US

    2 dead as severe weather moves eastward through central US

    Sunday, February 25 2018 2:25 AM EST2018-02-25 07:25:46 GMT
    Sunday, February 25 2018 10:57 AM EST2018-02-25 15:57:43 GMT
    (Liz Dufour/The Cincinnati Enquirer via AP). A view from the Central Bridge shows the flooding from the Ohio River  Saturday, Feb. 24, 2018 in Cincinnati.  Forecasters expected the Ohio River could reach levels not seen since the region's deadly 1997 f...(Liz Dufour/The Cincinnati Enquirer via AP). A view from the Central Bridge shows the flooding from the Ohio River Saturday, Feb. 24, 2018 in Cincinnati. Forecasters expected the Ohio River could reach levels not seen since the region's deadly 1997 f...

    A man in northeast Arkansas and a woman in south central Kentucky both were killed as the storm that also included strong winds, hail and heavy rain that triggered flooding muscled its way through the area, according to authorities.

    More >>

    A man in northeast Arkansas and a woman in south central Kentucky both were killed as the storm that also included strong winds, hail and heavy rain that triggered flooding muscled its way through the area, according to authorities.

    More >>
  • Nanette Fabray, star of stage, screen and TV, dies at 97

    Nanette Fabray, star of stage, screen and TV, dies at 97

    Friday, February 23 2018 8:05 PM EST2018-02-24 01:05:10 GMT
    Sunday, February 25 2018 10:57 AM EST2018-02-25 15:57:35 GMT
    Nanette Fabray, seen here performing in the Irving Berlin musical “Mr. President” in 1962, had a long career as an actress, singer and dancer. She died on Thursday, Feb. 22, at the age of 97. (Source: Associated Press)Nanette Fabray, seen here performing in the Irving Berlin musical “Mr. President” in 1962, had a long career as an actress, singer and dancer. She died on Thursday, Feb. 22, at the age of 97. (Source: Associated Press)
    Nanette Fabray, seen here performing in the Irving Berlin musical “Mr. President” in 1962, had a long career as an actress, singer and dancer. She died on Thursday, Feb. 22, at the age of 97. (Source: Associated Press)Nanette Fabray, seen here performing in the Irving Berlin musical “Mr. President” in 1962, had a long career as an actress, singer and dancer. She died on Thursday, Feb. 22, at the age of 97. (Source: Associated Press)

    Nanette Fabray, the vivacious, award-winning star of Broadway musicals, films and TV shows, has died at age 97.

    More >>

    Nanette Fabray, the vivacious, award-winning star of Broadway musicals, films and TV shows, has died at age 97.

    More >>
Powered by Frankly