The following is an email I received today from my State Representtive, Randy Hinshaw:

"There have been multiple proposals. I’m not certain which one will make it, however there is a consensus developing that we need to protect current enrollee’s. The most likely route is an appropriation from the legislature (How that takes shape is still uncertain until the Budget committee starts developing the budgets) and possibly rsa taking over the program…details are still being worked out. I am confident we’ll save current enrollee’s. The fight will be over saving the program for the future and/or creating some variation with rsa input."

"BTW, I was a participant in a teleconference Monday with sen. Scott Beason and rep. Robert Bentley on their proposal to move all assets to fixed income, preserving current enrollee’s and dissolving the program. I and others applauded their efforts to save current enrollee’s but disagreed with their assertions that the stock market would not rebound enough to possibly preserve the program ( with additional legislative help) or their proposal to go to fixed assets (thus the rsa approach, which the PACT board recommends)plus the colleges were not on board"

"Long story short, we are all trying our best"

RH