02/24/2026 01:30 PM House FINANCE

House Finance Committee · February 24, 2026

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Call to order, attendance, meeting purpose

AnnouncementPresentation

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Co-chair Andy Josephson called the House Finance Committee to order at 1:35 p.m.; he read the roll and said the committee would hear a presentation on Alaska Permanent Fund performance from Kallen and Associates/Callan and named committee staff and moderator Zach Lawhorn.

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The House Finance Committee heard Callan consultants Greg Allen and Steve Center review Alaska Permanent Fund performance and modeling for different draw rates on Feb. 24, 2026. The presenters said the fund exceeded long-term targets but recommended a lower, more sustainable draw (around 4.5%) to reduce the risk of exhausting the Earnings Reserve Account (ERA).

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Transcript

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