Steve Flowers: Inside the Statehouse: The Future of Alabama pensions

  One of the most far reaching and significant accomplishments enacted by the legislature earlier this year is the revamping of the state’s retirement benefit system for state workers. The legislature’s changes to pension benefits for future teachers and public employees should save taxpayers billions and ensure the viability of the state retirement system for decades.

  The changes will only affect new employees. All current public employees are unaffected. The new measures will apply to future employees beginning January 1, 2013.