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What others say: Pay now, not later

...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://peninsulaclarion.com/opinion/2014-04-08/what-others-say-pay-now-not-later
Opinion
School district ponders budget shortfall

...board member Sunni Hilts said it was difficult to communicate the increased revenues and expenditures related to the PERS and TRS money paid into and out of the district to people who wanted to know why the district's budget increases by so much...

http://peninsulaclarion.com/news/2014-01-14-0
News
Steady drip a call for rainy day PERS/TRS funding

...System (TRS). At this point in time, the combined PERS and TRS unfunded liabilities total nearly $10 billion. That...more responsible to address the unfunded liability of PERS and TRS. The CBR is the state?s ?rainy day? fund, created...

http://www.peninsulaclarion.com/stories/021507/oped_0215ope001.shtml
Opinion
In the black

...retirement funds did equally, with some of the "participant-directed" funds differing significantly from the overall PERS and TRS amounts. The state switched new employees from the traditional defined-benefit retirements to a 401(k)-style...

http://peninsulaclarion.com/news/2011-09-13/in-the-black
News
Retirement plans could soon get funding increase

...rebounded while the state's retirement savings did not. "PERS and TRS went down and I haven't seen where it's come back...he said. Chenault questioned the management of the PERS and TRS trust funds asking, "why theirs went down and stayed...

http://peninsulaclarion.com/news/2012-02-01/retirement-plans-could-soon-get-fund
News
Wish list sent to Juneau

...have said. Palin's $4.4 billion FY 2009 budget includes a $408 million direct deposit from the general fund for PERS and TRS. She has also proposed a $450 million deposit from the general fund in the current budget for the TRS, which would...

http://www.peninsulaclarion.com/stories/011608/news_3607.shtml
News
Property caps being watched by mayors

...other 85 percent. If adopted, House Bill 12?s mechanism for reducing the amount of the unfunded liabilities in PERS and TRS would begin in fiscal year 2009, which starts July 1. The bill is slated for hearings in the House State Affairs and...

http://www.peninsulaclarion.com/stories/021107/news_0211new003.shtml
News
Borough works on wish list

...priorities draft. Palin's $4.4 billion FY 2009 budget includes a $408 million direct deposit from the general fund for PERS and TRS. She has also proposed a $450 million deposit from the general fund in the current budget for the TRS, which will...

http://www.peninsulaclarion.com/stories/121207/news_3768.shtml
News
Borough budget calls for tax cut

...the state and local governments come to grips with the debt to the public employee and teacher retirement systems, PERS and TRS. Future budget issues, Chapman said, would continue to include adequate local funding for education and maintaining...

http://www.peninsulaclarion.com/stories/041907/news_0419new001.shtml
News
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