DOTHAN – Jeremy Sherer, Democratic candidate for Alabama State Treasurer, attended the Thursday night, inaugural meeting of the Dothan Area Chapter of Save Alabama PACT. Approximately 60 PACT owners, students and concerned citizens attended the first meeting of the Dothan Area Chapter that was held at Evergreen Presbyterian Church.

“I am committed to Alabama honoring its full contractual obligations to all 48,000 PACT families”, Sherer told the members of Save Alabama PACT. “What you purchased was more akin to a layaway purchase at Sears Roebuck than a 401(k) investment plan”.

Continuing, “PACT will not be saved by any one elected official, and PACT cannot be saved without you. The solution of PACT will require collaboration from the Legislature, Governor, Treasurer and state higher education institutions.”

“As Treasurer, I will seek to reduce the administrative costs of PACT and increase the return on PACT investments. And, I will actively manage PACT with the due diligence and forthrightness you expected when you first entrusted the Treasury with your children’s and grandchildren’s college savings.”

Concluding, Sherer stated, “You (PACT contract holders) are in the contractual and moral right on this issue. And, through your continued activism you will be the unlikely heroes of solving PACT – not any elected official. Your activism on this issue will ensure that right will make might, and PACT will be saved.”

Please contact Jeremy Faulkner at (205) 446-1342 with any questions.

###