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Beth Stuart
KPMG
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3 articles · 3 transcripts · 1 clips
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Also known as:Beth Stewart
Affiliations
KPMG: Lead audit engagement partner
Alaska's unfunded pension debt fell about $1.2 billion last year, draft statements show
Alaska's two big pension plans earned about 14% last year, nearly twice what they count on, and their unfunded debt shrank by about $1.2 billion.
The Permanent Fund earned a record $8.2 billion the Legislature can appropriate
“it was about a $300 million increase in that lag reporting that would be in the financial statements if they had been received prior to that August 18th cutoff. Instead, this value will be in the FY '27 financial statements. So it's just timing”
The Permanent Fund's budget is up $5.3 million, and most of it goes to managers
The fund that pays for most of Alaska's government is raising its own budget $5.3 million. Most of that is fees to outside money managers.
