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Board Fact Sheet
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Board Facts
Board Name
Board Number
Department
Status
Active
Website
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Description
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The Retiree Health Plan Advisory Board shall consist of: 1. One member who is an ARMB trustee by virtue of AS 37.10.210(b)(2); 2. One member who is a human resources official or financial officer employed by a political subdivision participating in the State's retirement systems; 3. One member who is a Public Employees' Retirement System (PERS) retired member, selected from a list of three individuals nominated by retiree groups that represent PERS members; 4. One member who is a Teachers' Retirement System (TRS) retired teacher or member, selected from a list of three individuals nominated by retiree groups that represent TRS members; 5. One member of the State's retirement systems who is a retired member under PERS Tiers I, II, or III, TRS Tiers I or II, or the Judicial Retirement System (JRS); 6. One member who is an active or retired member of PERS or an active or retired teacher or member of TRS who is vested in the PERS Tiers I, II, III or TRS Tiers I or II retiree plans. If an active member, the person should not be more than five years from eligibility for retirement; and 7. One public member who is not a member or beneficiary of the PERS system, the TRS system, or the JRS; this person must have at least five years' relevant experience and expertise in health care administration, finance, or governmental budget issues, or other background helpful to the board's mission. 8. One member who is an active member in good standing of the Retired Public Employees of Alaska (RPEA), selected from a list of three proposed candidates submitted by RPEA. The Commissioner of Administration, or designee, shall serve as a non-voting, ex-officio member of the Board.
Function
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The Board is tasked with facilitating engagement and coordination between the State's retirement systems' members, the Alaska Retirement Management Board and the Commissioner of Administration regarding the administration and management of the State's retirement systems.
Special Facts
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The Governor may choose from the nominee lists, request further solicitation, or make an appointment of the Governor's choosing. If a vacancy occurs on the Board, the Governor may appoint an individual qualified for that seat to serve the balance of the unexpired term. A majority of the Board constitutes a quorum.
Other Compensation
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Board Meets
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Requirements
Financial Disclosure Required
No
Yes
Legislative Confirmation Required
No
Yes
Authority
Statute
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Public Law
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Other Authority
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Primary Contact
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Phone
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Fax
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Email
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