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Retirement board challenges inaction on pension debt going to do what it thinks is right, "he'll be exercising his professional judgment as well," she said.The ARM Board's action came after this year's legislative session, during which the Senate approved $1 billion extra payment towards...
Retirement board action boosts pension liability number

...came after months of review by the ARM Board, and after its actuarial advisors...told the board she'd reviewed the ARM Board's performance history, along with...change what it is," he said. The ARM Board's actuarial consultants said most...
Retirement fund managers react to criticism

...spikes, is investments made by the ARM Board have lost about $4 billion, if...year. Chenault suggested that the ARM Board could be abolished. "Should we...showing a return?" he said. As the ARM Board met in Juneau last week, its members...
Alaska editorials: Voters, be aware of views on PERS/TRS

...about funding retirement. Is he or she willing to help municipalities out on this one? Does he or she agree with the ARM Board's assessment? Voters need to pay attention to this issue. Because in the end, if we aren't careful, we just end...
State workers lose millions to bond fund

...The State Street fund held $36 million in state employee money as of June 30, state records show. By the time the ARM Board held an emergency meeting on Aug. 24, it had fallen to $30 million. "Since this was intended to be one of the least...
Retirement fund shortfall gets attention of lawmakers, officials

...sustainability issues could be addressed," he said. The ARM Board last year reduced the expected rate of return on Public...stronger footing, board members said. "I anticipate the ARM Board will continue to look at it, and the administration will...
Alaska's pension woes grow

...continue to rise, and Buck told the ARM Board that it will soon be more than...the reasons for the increase is the ARM Board several months ago made a decision...percent late last year. Buck told the ARM Board that was the biggest impact, the...
Retirement board faces crucial debt decisions

...actuarial firm Buck Consultants told the ARM Board, which met in Anchorage last week...state pickups up the excess, the ARM Board's action can greatly affect future...Sam Trivette, a member of the ARM Board from Juneau, Friday recommended...
ARM board struggles with $11B in debt

...Anchorage."Is everyone as shell-shocked as I am?" asked ARM board chair Gail Schubert Thursday afternoon, after hours of...last decade, while spending increased 90 percent.The ARM Board itself has authority to only make a few of the decisions...
Retirement debts grow

...were presented to the Alaska Legislature on the final day of the legislative session, and then formally presented to the ARM Board last week. The "unfunded liability" is the amount between what the state has set aside to pay public employee pension...


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