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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...
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...
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
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

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...
State mulls suit against consultants

...state's actuary last year by Buck Consultants, which did an extensive recalculation...and health care liabilities. Buck Consultants found that Mercer had about 7 percent. Based on Buck Consultants' reassessment, payments into...
Cities, schools to see spike in retirement payments

...of a new actuary company hired by the state, Buck Consultants. Buck Consultants did an extensive recalculation of pension and...retirement systems and the numbers both Mercer and Buck Consultants came up with. Then, he said, he would work...
My Turn: PERS/TRS gets worse if we do nothing

...Human Resources, Milliman's audit of Mercer, Actuarial Service Co.'s analysis of both, and our new actuary Buck Consultants' valuation - each telling us the projected debt is worse than the original actuarial analysis. Many people do not...
Governor asks for $12 million to sue former consultants

...was replaced as the state's actuary in 2005 by Buck Consultants, which did a recalculation of Alaska's pension and health care liabilities. Buck Consultants found that Mercer had underestimated medical costs...


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