STATE OF ALASKA INVITATION TO BID (ITB) ITB 2026-0400-0266: HEAT APPLIED CIGARETTE TAX STAMPS
Posted
Apr 1, 2026
Apr 23, 2026
Procurement of heat applied cigarette tax stamps for the Department of Revenue, Tax Division.
Admin. Operations Manager at Alaska Department of Revenue
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Team
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Administrative Officer, Permanent Fund Dividend Division
Chief Investment Officer
Department Investigations Manager
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Posted
Apr 1, 2026
Apr 23, 2026
Procurement of heat applied cigarette tax stamps for the Department of Revenue, Tax Division.
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Board meetings, strategic plans, and buyer signals from Kristie Ely’s organization
The committee reviewed the draft Investment, Actuarial, and Governance Reference Guide, incorporating feedback and outlining future stakeholder engagement. Discussions were held regarding part-time employee service within defined contribution plans, specifically addressing compliance with IRS requirements and statutory definitions of service. Members addressed concerns regarding occupational disability benefits and the verification of income for loan applications. Additionally, the committee convened in an executive session to discuss distribution counseling.
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The board meeting included the election of new officers and a comprehensive overview of Senate Bill 141, which established the board's responsibilities and legal mission. Discussions focused on the board's fiduciary duties, the management of retirement trust funds, and the impact of healthcare costs on the system's financial health. The board also reviewed and approved the FY2007 budget, discussed investment performance reporting, and addressed public comments regarding the preservation of retirement funds.
The committee discussed actuarial findings, including audit updates regarding the present value of future salary methodology and retiree medical disability rates. The committee reviewed the valuation timeline, asset smoothing methods, and the impact of the Cadillac tax on health care liabilities. They also analyzed level percent of pay versus level dollar amortization, payroll reconciliation processes, and approved multiple resolutions concerning contribution rates for various retirement plans, including PERS, TRS, and the National Guard and Naval Militia Retirement System.
The Board meeting included reports from the Chair and Chief Investment Officer regarding investment contracts, asset rebalancing, and manager performance monitoring, including placing Lowe Enterprises on a Watch List. Committee updates were provided for the Audit Committee and the Investment Advisory Council Selection Committee. Financial reports were presented for various retirement and trust funds. The Board held a performance measurement review with Callan Associates and hosted a small cap manager round table discussion, followed by detailed presentations from Lord Abbett, Turner Investment Partners, and Jennison Associates concerning their respective portfolio strategies, market outlooks, and firm management.
Extracted from official board minutes, strategic plans, and video transcripts.
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