ARKANSAS TEACHER RETIREMENT SYSTEM

Home

General

		Since 1937, the Arkansas Teacher Retirement System (ATRS) has been providing retirement benefits to Arkansas's public school and education employees. ATRS pursues excellence in managing the pension fund and strives to deliver exemplary service to its members and stakeholders. This site includes general information about ATRS with featured sections devoted to active and retired members as well as covered employers. We hope you find this information informative and useful. Individual requests for access to ATRS's public records may be obtained by contacting ATRS by mail, telephone, fax or e-mail.


	Arkansas Teacher Retirement System
	1400 West Third Street
	Little Rock, AR 72201
	(501) 682-1517 local
	(501) 682-2359 fax
	1-800-666-2877 toll-free
	www.artrs.gov
	E-mail us at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
	Directions to ATRS

Notice


	Visit these pages to see more ATRS information:

	Board of Trustees
	Board Minutes
	Board of Trustees Election Results 2011
	Board of Trustees Election 2012




	Joint Committee on Public
	Retirement and Social Security UPDATE - APRIL MEETING

FINAL ACTS OF 2011

Executive Director Updates

12/07/2011 Ex. Dir. Update: 2011 Actuarial Valuation and T-DROP Cash Balance Acct. Proposal

The ATRS Board of Trustees has received and reviewed the preliminary actuarial valuation for June 30, 2011. On balance, the news was good news. ATRS remains financially strong. At the same time, the valuation will require the ATRS Board and staff to carefully monitor financial results. A thorough explanation and analysis of the actuarial valuation is attached to this email. In quick summary, using a four-year smoothing approach, the ATRS amortization period increased from 52 years to 66 years and the percent funded dropped from 74% to 72%. However, when using the actual unsmoothed numbers that reflect the real current state of ATRS, the amortization period would be 34 years and the percent funded would be 77%. In addition, the real unsmoothed unfunded liabilities of ATRS dropped from $4.8 billion dollars in 2010 to $3.7 billion dollars in 2011. The impact of smoothing is discussed at length in the attachment.