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.
Sep 14, 2026·Board meeting agenda packet
Alaska Retirement Management Board Defined Contribution Plan Committee Committee Meeting
The meeting encompassed key discussions on the Callan 2026 Defined Contribution Trends survey, specifically evaluating retirement income solutions such as annuity features and their associated fiduciary challenges. The committee received updates from Empower regarding participant engagement, money-in-motion reports, and upcoming fee changes and communication strategies. The Division of Retirement and Benefits provided updates on the BEARS project, office consolidations, legislative monitoring, and member services statistics. The Treasury Division reported on international equity fund manager changes and the implementation of a revised target date fund glide path. Additionally, the committee reviewed reports on delinquent and late-filing employers and discussed future administrative and investment matters.