02/03/2026 01:30 PM House FINANCE

Alaska House Finance Committee · February 3, 2026

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Call to order and attendance

20:45 → 21:27(43s)

Committee clerk called the House Finance Committee to order at 01:49 PM and recorded attendance: Representatives Hannon, Moore, Bynum, Jimmy, co-chairs Josephson, Foster, Shrogy, later joined by Representative Galvin; staff and moderator Emily Mesh noted. Department of Administration to present on PERS and TERS funding status.

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Department of Administration officials briefed the Alaska House Finance Committee on the funding status of PERS and TERS, the role of EGWIP/Employer Group Waiver Plan subsidies in overfunding retiree health plans, projected amortization timelines, and an eReporting outage that required a $1.3 million correction to member accounts.

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Transcript

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