Alaska Retirement Management Board AgendaPacket Defined Contribution Plan Committee Meeting 2026-06-09
T. Rowe Price to Implement Enhanced Glide Path for ARMB Target Date Funds
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Description
The Alaska Retirement Management Board approved T. Rowe Price to implement recommended changes to the target date fund glide path, enhancing equity exposure for improved participant outcomes. The change aims to optimize retirement accumulations and reduce risk near retirement. Implementation is effective upon committee approval in March 2026.
Contract Details
Vendor
T. ROWE PRICE
Agency
Alaska Department of Revenue, AK
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 9, 2026
Renewal Info
Future adjustments to the glide path may be considered based on ongoing evaluation and suitability studies.
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