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Success or bust?

...budgets, reforming our oil tax regime, advancing a natural gas pipeline project, passing a fix to the state and teacher retirement systems, and passing a robust education funding and reform package," Speaker Mike Chenault, R-Nikiski, said...
State | AK legislature
Begich: Public money for public schools

...program and school busing funding, school construction and major maintenance and money toward public employee and teacher retirement systems.House Speaker Mike Chenault, R-Nikiski, said the federal government "shorted" the Anchorage School District...
State | AK legislature
Gov. signs pension changes into law

...for teachers and state employees who start next July. Murkowski said the overhaul of the public employee and teacher retirement systems aims to stop the growth of a $5.7 billion to $6.2 billion shortfall in the $16.4 billion system. Public...
Legislative roundup

...structures for resale. House Bill 176: Creates Fort Rosseau Causeway park. House Bill 179: Changes to public/teacher retirement systems. House Bill 182: Makes offering promotional checks an unfair practice. Senate Bill 104: Alaska Gasline Inducement...
Governor asks for $12 million to sue former consultants

...which advised Alaska on its public employee and teacher retirement systems for nearly 30 years. "Based on evidence from...shortfall would affect both the public employee and teacher retirement systems. Last year, the Legislature approved $400...
State reveals offshore investments

...sophisticated investors like the $35 billion Permanent Fund and the $17 billion Public Employee Retirement and Teacher Retirement Systems. They are managed by the Alaska Retirement Management Board. Most of the hedge funds are held by the Permanent...
Retirement board challenges inaction on pension debt

...the board to change how it calculates the state's annual contribution to the Public Employee Retirement and Teacher Retirement Systems.The change would frontload payments to the trust funds scheduled to be made during the next 25 years, costing...
Lawmakers OK retirement help for cities recent years as the state has struggled to get a handle on a massive shortfall in its public employee and teacher retirement systems, the result of soaring health costs and a market downturn several year ago, among other factors. Senate Finance...
UA cites heating cost as one reason for requested increase

...last year, but the Legislature failed to fully fund the university's contribution to the public employee and teacher retirement systems, said UA spokeswoman Kate Ripley. Since the start of the July 1 fiscal year, the university also has seen...
House panel trims $150 million off Palin's budget plan funding, municipal revenue sharing and paying down the unfunded liability in the public employee and teacher retirement systems. "We know there's still some major issues out there," said Finance Committee Co-chairman Mike Chenault...


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