Alaska Retirement Management Board

The Alaska Retirement Management Board assumed fiduciary responsibility for the assets of the state's retirement systems as of October 1, 2005.

The board consists of nine trustees and is staffed by the Department of Revenue - Treasury Division. The board appoints an Investment Advisory Council (IAC) composed of three members who possess experience and expertise in financial investments and management of investment portfolios. ARMB also contracts with an external consulting firm for assistance with asset allocation, strategy, performance measurement, general consulting purposes and with a consulting firm for assistance with investing the real estate portfolio.

For information about specific plans and benefits, visit the Division of Retirement and Benefits website.

Announcements

  • For the fiscal year ending June 30, 2014, the Public Employees' Retirement System and the Teachers' Retirement System  earned 18.56%, exceeding the Alaska Retirement Management Board's strategic policy benchmark target return of 17.20%.  For more information click here.

Market Value as of
October 31, 2014

  • Public Employees' Retirement System: $15,488,109,418
  • Teachers' Retirement System: $6,805,177,465
  • Judicial Retirement System: $168,821,069
  • National Guard/Naval Militia Retirement System: $37,402,467
  • Alaska Supplemental Annuity Plan: $3,327,429,128
  • Alaska Deferred Compensation Plan: $787,358,239