• Financial Condition of the Retirement Systems

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February | VOLUME #126

Financial Condition of the Retirement Systems

Each year, the Alaska Retirement Management Board (ARMB) must report on the financial condition of the state’s retirement systems. Per Alaska Statute 37.10.220(a)(13), this report must be given to the governor, the legislature, and the individual employers participating in the state’s retirement systems.

This letter from Department of Revenue Commissioner, Randall Hoffbeck (who is also a trustee on the ARMB), directs you to the location of audited financial statements, information on performance returns on each system, asset allocations, investment guidelines, policies and procedures, as well as monthly and year-to-date financial reports.