Wrangell Sentinel -

A planned $10-million cut in state contributions to employee retirements could affect budgets here, officials said.

Legislators in both the Alaska House and Senate have trimmed $10 million from the previous year’s contribution to the Public Employee Retirement System, known as PERS. Gov. Sean Parnell’s budget had originally included a $3 billion infusion into the system.

PERS is a shared burden between municipalities and the state government in order to provide retirement pensions for public employees at the municipal and state level. The states, municipality, and individual employees e...