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Begich: Public money for public schools

...program 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...
Oil tax credits could help pay down retirement liability a source of revenue to help the state of Alaska reduce the unfunded liability to its public employee and teacher retirement systems. A measure sponsored by Rep. Paul Seaton, R-Homer, and Rep. Mike Kelly, R-Fairbanks, would enable...
Wagoner recaps work in Juneau

...podium during the chamber?s luncheon, the senator touched on the financial trouble the public employees and teacher retirement systems are in, senior citizens benefits and Gov. Sarah Palin?s Alaska Gasline Inducement Act, to name a few topics...
Kenai rep reappointed to state pension board

...contribution rates and unfunded liability amounts garner most of the headlines relating to the state Public Employee and Teacher Retirement systems (PERS/TRS), Semmens said, ?The main job of the ARM Board is to invest the $16 billion held in the pension...
Property caps being watched by mayors

...discussed several other bills now before state lawmakers. House Bill 12 would require the unfunded liability in the teacher retirement systems be paid off within seven years, and the state?s portion of the unfunded public employee retirement debt be...
School fixes take time to pay dividends

...throughout the state, also face increasing health care costs. And contributions to state public employee and teacher retirement systems, which used to amount to about 5 percent of payroll, are now more than 20 percent of payroll. What that means...
Consulting firm agrees to pay state $500M after malpractice

...said Sam Trivette, vice-chair of the Alaska Retirement Board, which oversees the Public Employee and Teacher Retirement Systems. Trivette, of Juneau, represents public employees on the board. "It's clear that they committed fraud...
Borough budget calls for tax cut

...Legislature, and how 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...


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