PERS/TRS

SB 100 - PERS Termination Costs

On Tuesday, March 29 the Senate Labor & Commerce Committee heard SB 100 - PERS Termination Costs (http://www.legis.state.ak.us/basis/get_bill.asp?bill=SB%20100&session=27).  Michael Lamb of the Fairbanks North Star Borough testified that if a PERS employer reduces their employee count by altering or suspending a program or service, then PERS can send that employer three bills:

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A Few Tidbits from the Past Week

The Senate Finance chairmen have emphasized several times lately that they anticipate a healthy capital budget this year. Among the items they suggested may be considerd for increased funding are deferred maintenance and DEED items and energy projects in both urban and rural Alaska to decrease the cost of energy and increase dependability.

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Overview by OMB Director Karen Rehfeld to the House Finance Committee

Karen Rehfeld, director, Office of Management & Budget, gave a full overview on Wednesday, January 12 on Governor Parnell's FY 12 proposed budgets, including education funding and PERS and TRS unfunded liability.  Link to hearing audio and documents:
http://www.legis.state.ak.us/basis/get_minutes.asp?session=27&comm=FIN&chamb=B&date1=20110119&date2=20110119

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Senate Bipartisan Working Group Press Availability

Scholarship Proposal
Sen. President Gary Stevens said the Senate has been meeting with the House leadership and the Governor. Stevens said that one of the big issues the legislature is working on as the session comes to a close is.....

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About AKEDUPDATE

The Alaska Education Update provides reporting on action of the Alaska State Legislature for education issues daily during the session. If there is a hearing on a Monday, the report will be in your email inbox by Tuesday morning (with the rare exception). Reports are not verbatim accounts of hearings, but they are very detailed summaries. There is coverage of the education committees, of course, and also finance and any other committees when they are hearing education-related legislation or issues.

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