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Voices of the Peninsula: Shedding some light on educators' pay

...couple of years. I often see talk about the great retirement system all of the teachers have. If we go back 25 years...them to other states, but being locked into the retirement system is what kept many teachers in the system for 20 years...
Legislative Finance director paints sobering budget picture that amount, the state would have to cut $1 billion from programs like Medicaid, education, debt service, retirement system payments and oil and gas tax credits - plus eliminate agencies and non-formula programs, Teal's division wrote...
Borough mayor looking for health care solutions

...why the borough spends more and more in health care costs each year is growing costs of the borough's previous retirement system."It resulted in a huge unfunded liability in large part because people are retiring earlier and people are living...
Moving pieces: School district continues work on 2016 budget

...2016 fiscal year are not yet available, according to the budget. Called the Public Employees' Retirement System and the Teacher Retirement System, the two rates currently account for nearly $30 million of the school district's budget, Jones...
Navarre ready to tackle health care costs

...our horizon." Increased health care costs have also driven up the cost of Public Employees Retirement System (PERS) and the Teachers Retirement System (TRS). Navarre said any ways that can help reduce the cost could also benefit borough residents...
Olson: Work in Juneau has state moving forward

...terminal. The 28th Legislature was a success. We continued to adequately fund education, we took strides to keep the retirement system solvent by reducing future payments, and save money for the lean years. Until the gas line comes on line and the...
House panel advances governor's pension plan

...putting more toward the teachers retirement system than Parnell proposed - perhaps...into the public employees' retirement system and $1.1 billion terms of the health of retirement systems. That funding ratio is about...
Health care offerings need to evolve with market

...part of the district's budget. What's more, big increases in the district's contributions to the state's retirement systems have been driven largely by the increase in health care costs over the past several years. In fact, proposals...
What others say: Pay now, not later

...public employees' and teachers retirement systems, better known as PERS by Buck Consultants.The retirement system has been compared by some to...municipalities, who contribute to the retirement systems. With that said, everyone...
Education bill rewrite leaves some frustrated

...severed from the bill a plan to address the teachers' retirement system, which Gov. Sean Parnell had urged them to do...obligations for both the teachers' and public employees' retirement systems in a session scheduled to end in less than two weeks...


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