Teacher retirement system reviews options to trim liabilities
Posted: November 19, 2012 at 2:25 a.m.
The Arkansas Teacher Retirement System’s options in reducing its unfunded liabilities range from asking the Legislature for authority to increase the rate it charges school districts and other system employers to cutting or eliminating a $75-a-month stipend paid to most system retirees, the system’s executive director told the board of trustees last week.
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Northwest Arkansas, Pages 7 on 11/19/2012