Alaska Retirement Management Board Strategic Review and Action Committee Meeting
The committee discussed the implementation of HB 14 regarding occupational disability benefits and reviewed service terms for part-time employees within the defined contribution plan. Additionally, the committee deliberated on the development of a comprehensive investment, actuarial, and governance reference guide and reviewed distribution counseling call records.
The committee focused on the review of draft financial statements for several systems, including the Invested Assets, Deferred Compensation Plan, Supplemental Benefits System, Judicial Retirement System, Teachers Retirement System, Public Employees' Retirement System, and the National Guard and Naval Militia Retirement System. Furthermore, the committee engaged in planning for future meetings, conducted a calendar review, and addressed audit agenda items and follow-up requests.
Sep 15, 2026·Board meeting agenda packet
Alaska Retirement Management Board Board Of Trustees Meeting
The board meeting included staff reports from the Division of Retirement and Benefits regarding legislative updates, the BEARS project, and actuarial services. The board reviewed and took action on various resolutions concerning FY2028 contribution rates for PERS, TRS, and NGNMRS, as well as the FY2028 budget proposal. Investment-related discussions involved performance measurement for the 2nd quarter, presentations from strategic property fund managers, and review of the annual investment plan. Additionally, the board conducted an executive session to review distribution counseling calls and addressed unfinished and new business matters.
The committee focused on the Treasury Division update, which included a review of the proposed FY2028 budget, ongoing staff recruitment and retention challenges, procurement updates, and policies regarding trustee travel and honorariums. Additionally, the committee received an update from the Treasury Middle Office and reviewed future meeting calendars and administrative procedures.