The Alaska Retirement Management Board meets today and Friday in Anchorage to review the multi-billion dollar public retirement systems find ways to fully fund the systems in the future.
Anchorage VA clinic: $76mil, 184,000 square feet
(KTUU) Patients and staffers at Anchorage’s veterans’ clinic have waited two years for this day: the opening of their new building on North Muldoon Road. Less than seven miles from the site of the new crime lab, the new clinic measures 184,000 square feet, but with a price tag that should make Alaska policymakers take notice.
Alaska Watchdog: Rising salaries contribute to growth of PERS/TRS unfunded liability
Alaska will be unable to fund 100 percent of the PERS obligations until 2034, according to an evaulation by a consulting firm. Rising salaries are creating a larger liability according to officials.
Beluga whales blamed for Anchorage port construction problems
(ADN) The Anchorage port cost has doubled from an estimated $375 million to $750+ million, and the expected completion date has moved from 2015 to a likely 2020. The ICRC is now seeking a new contractor to fix existing issues and complete the project.
Cruise ship head tax cut expected to pass Legislature
(Business Week) Gov. Sean Parnell has proposed reducing the $46-per-person tax to $34.50, and allow deeper offsets for local head taxes for ships stopping in Juneau and Ketchikan. Some form of the tax is expected to pass before session ends April 17.