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Retirement debts grow

...years, a process called "value smoothing." That means the actuarial value and the market value typically differ. Buck Consulting reports that the market value declines factored into this year's analysis means that the actuarial value is now...

http://www.juneauempire.com/stories/042810/sta_626493996.shtml
News
Alaska retirement system woes continue

...can't take it away," said Rep. Cathy Muñoz, R-Juneau, who is working to return the state to the old system. Buck Consulting identified a total unfunded liability increase of about $100 million this year in the draft reports on each of the...

http://www.juneauempire.com/stories/050809/loc_437699477.shtml
Good news for state pensions

...costs over the next 25 years, compared to what it expects it will have available. The state's actuarial firm, Buck Consulting, told the board that it is now projecting a liability that's $1 billion less than last year. It's now about...

http://www.juneauempire.com/stories/042508/sta_272095024.shtml
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