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House panel advances governor's pension plan

...for taking $3 billion from the constitutional budget reserve and putting about $1.9 billion into the public employees' retirement system and $1.1 billion toward the teachers' system. After the infusion, the plan calls for annual $500...
Education bill rewrite leaves some frustrated

...lawmakers might yet proceed in addressing the unfunded pension obligations for both the teachers' and public employees' retirement systems in a session scheduled to end in less than two weeks.The bill included elements related to charter schools...
House strips retirement plan from education bill

...addressing Alaska's nearly $12 billion unfunded pension obligation, with $1.9 billion going toward the public employees' retirement system and the rest to the teachers' retirement system. The House Finance Committee, in its rewrite of the...
Panel proposes more school money, pension option

...pension liability for the teachers' and public employees' retirement systems and to help ease pressure on the state's...Senate has released a plan to address the public employees' retirement system, and there has been very little public...
School district ponders budget shortfall

...Retirement and health care costs have also been rising, according to district data, especially in the public employees retirements system, PERS, and Alaska Teacher Retirement System, TRS, revenue and expenditures. The two retirement systems...
Council outlines dipnet options, residents ask for change

...passed ordinance 2674-2013 to reflect the current process for city employees to opt-out of the State Public Employees Retirement System.City council will meet again Feb. 20, 7 p.m., at city hall, 210 Fidalgo Ave. Dan Schwartz can...
House races take shape: Candidates meet at chamber forum

...achievements. On the latter, Olson pointed to his role in the passage of a 2005 bill that overhauled the Public Employees Retirement System and Teachers Retirement System. "We're probably going be looking at it again in another year to see...
OT OK for PERS: Measure to exclude overtime pay from benefit calculations voted down

...have asked the Alaska Legislature to exclude overtime wage rates in the calculation of benefits for the Public Employees Retirement System, or PERS, at its meeting Tuesday. After several expressive testimonies from local employees the resolution...
Cost of retirement system draws concern in Juneau a recent meeting of the board. What's at issue is what is known as the "unfunded liability" of the Public Employee Retirement System and the Teacher Retirement System. The state has been putting aside extra money to pay future years' benefits...
Kenai takes stand: City council weighs in on water, retirement regulations

...joint resolution on regulating drinking water and wastewater treatment and a senate bill dealing with the Public Employees Retirement System. The federal government gave states control over water regulations years ago, but a January 2011 executive...


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