ALEC Model Pension Legislation

What is happening? The conservative, American Legislative Exchange Council, ALEC, has model legislation for pensions. Meet STATE GOVERNMENT EMPLOYEE RETIREMENT PROTECTION ACT.

Why is this important? ALEC wants to say down with you woke people and your woke ideas. My question is what is the opposite of woke? Asleep? So we want to be asleep. The model act sets standards for protecting pensioners from politically driven investment strategies. I’m pretty sure they mean protect pensioner from political driven strategies that they oppose, because technically this act is also a politically driven strategy.

How will this be important? I’m going to repeat myself here: I’m pretty sure they mean protect pensioner from political driven strategies that they oppose, because technically this act is also a politically driven strategy. I’m not making a value judgement on either choice, just don’t be a hypocrite about it.

ALEC | STATE GOVERNMENT EMPLOYEE RETIREMENT PROTECTION ACT