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citizenptnewsnh.bsky.social
New Hampshire's Legislature is grappling with a $3.5 million budget increase while navigating critical staffing and retirement system changes for the next two years.

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#NH #NewHampshireLegislature #RetirementSystems #BudgetTransparency #PublicFinance #CitizenPortal
New Hampshire Retirement System outlines $71M budget and staffing changes for 2026-2027
Executive Director Goodwin presents NHRS budget emphasizing IT upgrades and staffing increases.
citizenportal.ai
February 20, 2025 at 7:15 PM
citizenptnewsky.bsky.social
External auditors are raising red flags about significant risks in the upcoming FY26 audit, as the lead partner prepares to hand over the reins before retirement.

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#KY #CitizenPortal #AuditTransparency #RetirementSystems #PublicAccountability
External auditors outline FY26 risks and timeline; lead partner to retire
External audit partners told the CERS Finance Committee they will focus on management override, contribution revenue recognition and alternative-investment valuations during the FY26 audit. Lead partner Leland Miller said he will retire this year and transition responsibilities to Roger Alfaro.
citizenportal.ai
August 29, 2026 at 7:45 AM
citizenptnewswi.bsky.social
Milwaukee's Finance Committee is sounding the alarm on over $4 million in budget transfers to cover unexpected costs, raising concerns about future financial forecasting.

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#MilwaukeeMilwaukeeCounty #WI #CitizenPortal #ForecastingAccuracy #RetirementSystems #MilwaukeeFinance
Budget office spells out large 2025 transfers to cover WRS and Social Security overruns; committee presses for better forecasting
Budget staff told the Finance Committee that transfers from the wages supplement fund totaling roughly $4.13 million are needed to cover 2025 overages for the Wisconsin Retirement System (WRS) and Social Security; members asked for improved forecasting and warned the trend could recur.
citizenportal.ai
February 13, 2026 at 1:14 AM
cyberstatesman.bsky.social
🚀 The Office of Personnel Management is leveraging 🧠 AI and ☁️ cloud tech to modernize its 🖥️ retirement systems, boosting efficiency and transparency for retirees. 💼✨ #ai #modernization #tmf #retirementsystems #legacycode #cobol

Source- tinyurl.com/3r4w4wvc
December 10, 2024 at 8:59 PM
citizenptnewswa.bsky.social
Washington's pension plans are at a crossroads, grappling with $500M in unfunded liabilities while one plan revels in a $2.9B surplus—what does this mean for the future?

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#WA #FinancialStability #FiscalResponsibility #CitizenPortal #RetirementSystems
State pension plans face $500M unfunded liabilities while LEFT Plan 1 boasts $2.9B surplus
State pension plans show mixed funding statuses, with significant surpluses and unfunded liabilities projected.
citizenportal.ai
January 17, 2025 at 1:21 AM
citizenptnewsma.bsky.social
Massachusetts just passed a bill that reshapes the PRIM Board, opening doors for candidates from retirement system executive boards to join!

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#MA #CitizenPortal #RetirementSystems #CivicAccountability #LegislativeReform
Massachusetts bill amends PRIM Board membership requirements for public safety representatives
Legislation modifies PRIM Board membership to include candidates from retirement system executive boards
citizenportal.ai
September 20, 2025 at 5:39 AM
citizenptnewsar.bsky.social
Arkansas is on the brink of a major financial shift as lawmakers push House Bill 1208, aiming to recover overpayments in public retirement systems—will this safeguard retirees or strain their finances?

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#AR #AccountabilityInGovernance #RetirementSystems #FiscalResponsibility
Arkansas lawmakers propose bill to collect retirement system overpayments
Lawmakers introduce House Bill 1208 to recover overpayments owed to retirement systems.
citizenportal.ai
February 21, 2025 at 9:06 PM
citizenptnewsal.bsky.social
Alabama's Teachers’ Retirement System has seen its funded ratio plummet from nearly 100% in 2000 to a concerning 66%, raising alarms about the sustainability of retiree benefits.

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#AL #RetirementSystems #FundedRatio #CivicAccountability
Witnesses tell committee TRS funded ratio remains below 80% amid assumption changes, pay raises and past retiree COLAs
Retirement Systems testimony flagged TRS funded ratio at about 66% in the latest actuarial valuation and attributed the decline to lower assumed returns, retiree COLAs granted in the 2000s, wage increases and GASB accounting changes, with committee members asking for asset/liability breakdowns.
citizenportal.ai
February 3, 2026 at 7:40 PM