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My Turn: Pure politics in the Alaska retirement systems

...appointees who oversee the Alaska Retirement Systems use the PERS and TRS Newsletters to do political advertising directly to one...the main culprit - and they know it. Anyone who is in Tier 4 PERS or Tier 3 TRS knows this and so does anyone else in the rest...
My Turn: Thank Munoz for saving state's retirement system

...we are happy to report that the public employee trust funds PERS and TRS have been saved. When the education bill emerged one...pass the bill through the House on Wednesday, and then convert PERS to pay-as-you-go. Draining the trust funds is a bad idea...
My Turn: Alaskans unaware of their own wealth

...allows industry to write off expenses it incurs in other countries within its Alaska filings. The total obligation we have to PERS/TRS over the next 70 years is $136 billion dollars. How likely is it that Alaska will default on our obligation to our retirees...
Assembly OK's PERS opt-out for Bartlett's chiefs, surgeons

...its general surgeons to be exempt from PERS (Public Employment Retirement System...and CFO position have never been under PERS, at least not for a long time. She said...only possibility they may have been under PERS was prior to contracting with a management...
My Turn: PERS/TRS gets worse if we do nothing on the important issues at Pat was a PERS board member when the Knowles administration...incorporate the change until 2003. I agree that PERS/TRS (Teachers' Retirement September of 2003 that included two PERS board members and two TRS board members...
On gas, PERS and a living wage

...with 20 years in and 10 to go? Will they "get theirs"? With the PERS supposedly $5.5 billion in the hole already, contributions will begin falling off in August. Once PERS begins to pay out more than it takes in, the principal will start...
Alaska editorials: Voters, be aware of views on PERS/TRS

...behoove all Alaska voters to pay close attention to what state candidates are saying about what sounds like code or alphabet soup, PERS and TRS. The acronyms stand for the retirement systems for state employees and teachers. The retirement programs for those...
City, State balance sheets face $11 billion in unfunded retirement

Recent changes to federal code could saddle the state and its schools and municipalities with over $11 billion in unfunded PERS and TRS liability.If the new rules do not change by the middle of 2015, the City and Borough of Juneau and the Juneau School...
My Turn: Alaska met the challenge of its unfunded pensions

...toward Alaska's retirement obligations. Specifically, HB385 moves an additional $2 billion to the TRS and $1 billion to the PERS. HB 385 is especially important to Alaska's municipalities. While school districts and municipalities have been shielded...
My Turn: The word Parnell refuses to say: 'deficit'

...accounts at high oil prices" option. Parnell eliminated that option.Parnell is also playing an accounting shell game with the PERS/TRS (Public Employees Retirement System/Teachers Retirement System) transfer of funds. In previous years these payments...


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