NOTICE TO PUBLIC EMPLOYEES' RETIREMENT SYSTEM BARGAINING UNITS and TEACHERS' RETIREMENT SYSTEM BARGAINING UNITS Trustee seats on the Alaska Retirement Management Board (ARMB) representing the Public Employees' Retirement System (PERS) and Teachers' Retirement System (TRS) members will become vacant on March 1, 2026. NOMINATION PROCESS Collective bargaining unit representatives for employees covered by PERS and TRS are invited to each submit a single list of four qualified nominees for consideration. From each list, one nominee will be appointed by the Governor. DEADLINE Nomination lists must be submitted to the Department of Revenue by 4:00 p.m. on Monday, December 8, 2025. The Department will forward the lists to the Office of the Governor within 30 days of receipt. TRUSTEE INFORMATION Role of the ARMB: Trustees serve as fiduciaries for the State of Alaska's pension funds. Duties and Terms: As outlined in AS 37.10.210, trustees serve a four-year term. Qualifications: Nominees must either hold professional credentials or have at least ten (10) years of experience in one or more of the following fields: investment management, finance, banking, economics, accounting, pension administration, or actuarial analysis. Nomination Requirements: Each nomination must include: 1. Full name, mailing address, email, and phone number of each nominee 2. A resume supporting the nominee's qualifications 3. Proof that all relevant bargaining units had the opportunity to participate in the nomination process. Acceptable proof includes: a. A signed declaration from certified representatives b. An affidavit describing the nomination process c. Other reasonable documentation SUBMISSION INSTRUCTIONS Email: Send electronic submissions to Alysia Jones at alysia.jones@alaska.gov Mail: Department of Revenue, Attn: Alysia Jones * USPS: P.O. Box 110405, Juneau, AK 99811 * Delivery Service: 333 Willoughby Ave., 11th Floor, State Office Building, Juneau, AK 99801 Only complete submissions that meet the above requirements will be forwarded to the Governor. DATED this 5th day of November 2025 By: Alysia Jones, ARMB Liaison Officer, Department of Revenue Pub: Nov. 5, 2025