 MARCH 2018 | VOLUME #151
 The Division of Retirement and Benefits is seeking to improve its
retirement education and publications. We're asking you, our participating employers, to take part in a short survey (3 minutes) to help us provide better education options for
you to share with your employees. We thank you in advance for your help
in this area.
Questions? Contact Roberto
Aceveda by email at roberto.aceveda@alaska.gov
or call (800) 821-2251.
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The Alaska Retirement Management Board (ARMB) has
established Fiscal Year 2019 (FY19) employer contribution rates for the
PERS/TRS Defined Benefit (DB) and Defined Contribution Retirement (DCR) Plans.
Please refer to the FY19
Employer Contribution Rates on the DRB website for complete information. The
link to the PERS and TRS FY19 Employer Rates is under Resources on the Employer Services web page.
For
questions about employer contribution rates, please contact Christina Maiquis
at (907) 465-1845 or via email at Christina.Maiquis@alaska.gov.
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
the Commissioner of the Department of Revenue, Sheldon Fisher (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.
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The Internal Revenue Service (IRS) is partnering with state tax
agencies, the tax industry, and groups across the country to increase awareness
of identity theft schemes and cyberthreats. This effort serves to educate employers
and employees—especially those in human resources and payroll departments, who
are often the first targets.
Cyberthreats are on the rise and employers need to combat this
growing problem. Employers are encouraged to utilize cybersecurity methods to protect
themselves for potentially severe issues, including data mining for sensitive
data like Social Security numbers, birthdays, marital status, and home
addresses. Methods that include employee training to identify potential threats
(such as “phishing” emails pretending to be from the IRS or state agencies) are
beneficial in preventing viruses from attacking your computer or system.
To combat the ever-increasing problem, the IRS
outlines eight steps to help in the fight against cyberthreats. Check them out on the IRS website.
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2018 is the year for our biennial employer training conference
customarily held in Juneau during the month of October.
The DRB would like employer input on training topics employers
wish to see presented at the conference.
To review the topics at the 2016 EmCon, click here.
If you have specific
areas of interest, please email Kathy Lea, Chief Pension Officer at kathy.lea@alaska.gov
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