...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...

...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...

...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...

...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...

...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...

...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...

...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...