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Retirement board challenges inaction on pension debt

...is 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...

http://juneauempire.com/local/2012-06-22/retirement-board-challenges-inaction-pe
Local
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...

http://juneauempire.com/local/2011-06-18/retirement-board-faces-crucial-debt-dec
Local
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...

http://juneauempire.com/local/2011-12-02/arm-board-struggles-11b-debt
Local
ARM Board urges action on pension costs

...substantially, but was rejected by the ARM Board."The board does not recommend...board.Among those watching the ARM Board's actions closely, along with...the state's general fund, the ARM Board was told.Earlier this year, Parnell...

http://juneauempire.com/state/2011-12-04/arm-board-urges-action-pension-costs
State
Retirement questions still confronting state leaders

...authority to decide itself how it should be addressed.The ARM board did, over the last several months, develop positions...Committee, which has taken the lead on pension issues.The ARM Board is expected to appear at those hearings to explain members...

http://juneauempire.com/state/2012-01-11/retirement-questions-still-confronting-
State
Senate solution to pension liability raises concerns

...available to the Legislature.It would then require the ARM Board's accountant to calculate the unfunded liability as...Schubert appointed a new legislative committee for the ARM Board to monitor pension issues. It is comprised of herself...

http://juneauempire.com/state/2012-02-17/senate-solution-pension-liability-raise
State
Retirement board fears legislative access to funds

...retirement plans.Stirring concerns among ARM Board members the fact that he Legislature...time, Senate Bill 187 requires the ARM Board to calculate retirement contributions...was part of the PERS trust fund.ARM Board member Kristin Erchinger said that...

http://juneauempire.com/state/2012-02-19/retirement-board-fears-legislative-acce
State
ARM Board gets pessimistic investment forecast

...numerous entities, including the ARM Board and the Alaska Permanent Fund.He...U.S. stock markets.While the ARM Board's expected return on its investments...stock and bond markets on which the ARM Board relies are likely headed for "an...

http://juneauempire.com/state/2012-02-21/arm-board-gets-pessimistic-investment-f
State
Egan's retirement bill heard in key Senate panel

...Board are likely to earn more on retirement investments than are individual retirees on their own, Fornia said."The ARM Board are pretty good investors, they get better returns than individuals do on their own," he said.Public employees told...

http://juneauempire.com/state/2012-04-02/egans-retirement-bill-heard-key-senate-
State
Alaska retirement funds add billions as market rises

...manages the retirement funds for the ARM Board.Alaska's unfunded liability problem...additional money, Bader warned.The ARM board uses a process of actuarial "smoothing...global stocks.Ironically, the ARM Board reduced its anticipated annual rate...

http://juneauempire.com/local/2011-09-12/alaska-retirement-funds-add-billions-ma
State

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