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Finance director paints sobering budget picture that amount, the state would have to cut $1 billion from programs like Medicaid, education, debt service, retirement system payments and oil and gas tax credits - plus eliminate agencies and non-formula programs, Teal's division wrote...
State | AK legislature
Photo: Retirement dollars

...commissioner of the Department of Administration, deliver an update of the Public Employees' Retirement System (PERS) and the Teachers' Retirement System (TRS) to the Senate Finance Committee at the Capitol on Wednesday.
State retirement benefits at stake

...state of Alaska overhauled its retirement system to save costs in the mid-2000s...000 former Public Employees Retirement System (PERS) members when it took...Metcalfe was not a member of the retirement system when he brought this (complaint...
Kelly says he will keep open to possible Medicaid expansion

...100,000 for former state Revenue commissioner Angela Rodell. She is to consult on issues including the state retirement systems, bond ratings and the major liquefied natural gas project the state is pursuing.The retainer in the contract...
State | AK legislature
Legislators file first round of bills

...percent between 2000 and 2010 that participates in the defined benefit retirement plan of the Public Employees' Retirement System of Alaska to contribute to the system an amount determined by a formula.? HB 48 - Rep. Foster - Establishes May 31 of each...
Local | AK legislature
My Turn: Alaska first, not the Koch Brothers or Karl Rove

...absolutely nothing to do whatsoever with the facts of the retirement system case.Had this been done in public, or in a courtroom...consistent.Sean Parnell says he saved the Alaska retirement systems with a $3 billion contribution. His Department...
Letter: Confident in Cathy Munoz

...ferry system, education, new investments and industries in our community, and the protection of the Alaska state retirement system is very much appreciated.It was privileged to work with Cathy when I was tasked to be the In-Country Coordinator...
Union reps assail settlement touted by Sullivan

...historic settlement that held Mercer accountable while also returning desperately needed funds to Alaska's public retirement system in a timely manner," he said in an emailed statement.Duncan said not everyone was happy when the settlement was...
My Turn: Pure politics in the Alaska retirement systems

...appointees who oversee the Alaska Retirement Systems use the PERS and TRS Newsletters...members should check it out.The Retirement Systems should know better than to...annual required payment to the Retirement systems.But stoking fear in retirees...
Pension shortfall projected at $8.7B at year's end

...year with an $8.7 billion pension shortfall.The unfunded liability for the public employees' and teachers' retirement systems stood at roughly $12 billion when the Legislature earlier this year approved moving $3 billion from savings to...


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