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Senate passes new approach to pension obligation

...While the bill itself does not include dollar amounts, information provided by the Legislative Finance Division and Buck Consultants indicates combined annual payments for the two systems starting at about $345 million in 2016 and slowly building...
State | AK legislature
Empire Editorial: Pay now, not later

...Alaska's contribution for this year is expected to be nearly $1 billion, according to a February report by Buck Consultants. The retirement system has been compared by some to mortgage payments, and the governor wants to use state reserves...
Analysis: Pension problems, proposals

...taking new members in 2006 is ballooning out of control. Exact figures vary, but according to a February report by Buck Consultants for the Alaska Retirement Management Board, the state's contribution to the system this year was projected for...
State | Local | AK legislature
Retirement board action boosts pension liability number

...reduction in the investment assumptions came after months of review by the ARM Board, and after its actuarial advisors, Buck Consultants, warned that its investment assumptions were overly optimistic. The investment return expectation is the board's...
Juneau Empire Story Archive

...this alone. My son has played for working-class heroes, high-level 'crats, law enforcement officers, big-bucks consultants, state commissioners and the governor's chief of staff. Making a certain allowance for their fantasies and egos...
Alaska's pension woes grow

...employees of state and local governments in Alaska. The actuarial analysis they reviewed is updated annually by Buck Consultants, and guides how much employers must set aside in each year's budget to meet future costs. That number is getting...
Retirement board faces crucial debt decisions

...needs to allot is $610 million, actuarial firm Buck Consultants told the ARM Board, which met in Anchorage last...estimates of unfunded liability, actuarial firm Buck Consultants told the board. The state is required by law to...
Parnell administration opposes retirement change

...Kiehl had found errors in how it had been calculated.He said the state has given permission for the its actuaries, Buck Consultants, to work with actuaries from the union-backed Public Pension Coalition to try to come up with numbers on which they...

Public Employees Retirement System $6.9 billion Teacher Retirement System $4.1 billion Source, Buck Consultants, Alaska Retirement Management Board
Retirement debts grow

...liability grew by more than $2 billion, and is now nearing $10 billion, according to information provided by Buck Consultants, an actuarial firm hired by the board. Preliminary numbers for 2009 were presented to the Alaska Legislature on...


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