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California to phase out microbeads used in soaps, toothpaste

...two large public pension funds, the California Public Employees' Retirement System and the California State Teachers' Retirement System, to divest from coal holdings.And Brown announced signing legislation requiring cities and counties to create...
Nation and World
Photo: Retirement dollars

...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.
Extended session produces 116 bills

...reform bill (HB278) and the fix for the state's growing unfunded liability in the Public Employees' and Teachers' Retirement Systems that was originally proposed in the budget but later introduced as HB385.Republicans in the House and Senate...
Legislature calls it a day without finishing

...earlier in the day the House agreed with the Senate's proposed solution to the Public Employees' and Teachers' Retirement Systems.The bill was a compromise between the governor's proposal that aimed to pay the debt off quickly with...
State | AK legislature
Senate passes new approach to pension obligation

...pension obligation. But the Senate plan would divvy the money differently, putting $2 billion toward the teachers' retirement system, which is in poorer shape, and $1 billion toward the public employees' system.Parnell had proposed about...
State | AK legislature
Parnell pitches own retirement bill

Gov. Sean Parnell introduced his public employees' and teachers' retirement system fix in bill form Thursday - a move lawmakers say will expedite the process with only 10 days left in the session. It's the same...
State | AK legislature
TRS pulled from education bill in House

...House voted to remove a plan to address the teachers' retirement system from a broad-ranging education bill it began...employees' retirement system and the rest to the teachers' retirement system. The House Finance Committee, in its rewrite...
State | AK legislature
My Turn: Retirement checks should never bounce

...state is the largest employer in the Public Employees Retirement System, it's only a minor debtor in the Teachers Retirement System. A miscalculation today in the pay-as-you-go alternative could require some school districts to double...
Parnell calls committee pension plan 'immoral'

...House Finance Committee proposal to address the teachers' retirement system is "immoral" and shifts the obligation to...public employees' system, and the rest to the teachers' retirement system. The plan overall called for flat annual payments...
State | AK legislature
Empire Editorial: Pay now, not later

...Sean Parnell has put forward to 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...


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