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What others say: Pay now, not later

...liability to the public employees' and teachers retirement systems, better known as PERS and TRS. The rationale behind...namely municipalities, who contribute to the retirement systems. With that said, everyone who benefits from local...
Panel proposes more school money, pension option

...liability for the teachers' and public employees' retirement systems and to help ease pressure on the state's budget...Between the public employees' and teachers' retirement systems, the state has an unfunded pension obligation of...
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...
House panel advances governor's pension plan

...Teal said, with a funding ratio that he told Senate Finance is in the "danger zone" in terms of the health of retirement systems. That funding ratio is about 52 percent, according to the state departments of Administration and Revenue. The...
Education bill rewrite leaves some frustrated

...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, teacher...
Proposed state budget includes addition $100 million for schools

...billion from a state savings account toward addressing the obligation for the public employees' and teachers' retirement systems, which he said will result in annual payments of $500 million and ease pressure on the state budget. Kelly said...
Parnell reiterates call for action on pension issue

...transfer from the state constitutional budget reserve fund, divided between the public employees' and teachers' retirement systems, would lower annual payments to $500 million. A draw from that reserve fund requires a three-fourths vote of...
Begich: Public money for public schools

...and school busing funding, school construction and major maintenance and money toward public employee and teacher retirement systems.House Speaker Mike Chenault, R-Nikiski, said the federal government "shorted" the Anchorage School District...
Conservative approach to state budget warranted

...include the $3 billion Parnell had proposed shifting from savings to address the unfunded liability in the state's retirement systems, an item lawmakers have not addressed.It also includes cuts of about $41 million in unrestricted general funds...
Senate passes new approach to pension obligation

...agencies would be pleased with it.The teachers' system has been in the danger zone in terms of the health of retirement systems, Teal has said. With the infusion and this approach, both pension plans would be "much healthier" than they...


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