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Analysis: Pension problems, proposals

...employees' and teachers retirement systems, better known as PERS and TRS?Despite the operating budget already passing the House...for injecting a one-shot boost of about $3 billion into the PERS/TRS system, and then capping state payments on behalf of employers...

http://juneauempire.com/state/2014-03-30/analysis-pension-problems-proposals
State | Local | AK legislature
Empire Editorial: Pay now, not later

...address the state's growing unfunded liability to the public employees' and teachers retirement systems, better known as PERS and TRS. The rationale behind the move is that by injecting $3 billion from state reserves now, future payments will be smaller...

http://juneauempire.com/opinion/2014-04-03/empire-editorial-pay-now-not-later
Opinion
Teachers' pension proposal raises red flags

...injecting the retirement system trust fund with funding up-front - Parnell's suggestion is about $3 billion for TRS and PERS combined, and Teal's suggestion is just under that.The alternative plan aims to curb a problem of diminishing deposits into...

http://juneauempire.com/state/2014-04-02/teachers-pension-proposal-raises-red-fl
State | Local | AK legislature
My Turn: This budget deficit is different

...governor and Legislature have not yet landed on an agreement as to what to do about the state and municipal retirement system or PERS/TERS.Due to a number of factors, including increased health care costs, the economic slowdown and people living longer...

http://juneauempire.com/opinion/2014-04-08/my-turn-budget-deficit-different
Opinion
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...

http://juneauempire.com/local/2012-03-06/assembly-oks-pers-opt-out-bartletts-chi
Local
My Turn: PERS/TRS gets worse if we do nothing

...off 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 System...in September of 2003 that included two PERS board members and two TRS board members...

http://www.juneauempire.com/stories/102506/opi_20061025001.shtml
Opinion
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...

http://www.juneauempire.com/stories/071306/let_20060713099.shtml
Opinion
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...

http://www.juneauempire.com/stories/100506/opi_20061005014.shtml
Opinion
What's being said @juneauempire.com

...benefit from the construction of the library, but I feel that we should put it on hold until this city can address the unfunded PERS liability, budget short falls, and decreasing school enrollment. I for one don't want my personal and business property...

http://juneauempire.com/opinion/2014-03-24/whats-being-said-juneauempirecom
Opinion
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...

http://juneauempire.com/local/2013-01-23/city-state-balance-sheets-face-11-billi
Local

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