February 10, 2009
6:15 PM |
Room 5, State Office Building |
Agenda, Materials & Action
- Designated Commission Interim Study; Review of the Commission's Principles of Pension Policy: Final Consideration
- Governor's Proposal to Change Retirement Plan Coverage for Secure Facility Employees
- Election of 2009-2010 Commission Officers
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Audio
Minutes |
February 27, 2009
10:00 AM |
Room 107, State Capitol Building |
Agenda, Materials & Action
- S.F. 191 (Betzold); H.F. 723 (Murphy): MSRS-General, MSRS-Correctional, State Patrol: Disability benefit filing deadline and age limit revisions.
- S.F. 193 (Betzold); H.F. 727 (Murphy, M.): MSRS-Correctional; Disability benefit program revisions.
- S.F. 546 (Betzold); H.F. 726 (Murphy, M.): State Patrol; Disability benefit program revisions.
- S.F. 578 (Betzold); H.F. 1123 (Murphy, M.): MSRS, PERA, TRA, First class city teacher plans; Administrative and benefit-related provisions.
- Amendment LCPR09-01A: PERA Privatization; Weiner Memorial Medical Center, Inc.
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Minutes |
March 6, 2009
9:30 AM |
Room 107, State Capitol Building |
Agenda, Materials & Action
- S.F. xxxx; H.F. 347 (Lenczewski): Eliminating mandatory retirement age for administrative law judges and compensation judges.
- S.F. 504 (Betzold); H.F. 825 (Murphy, M.): Volunteer firefighters; Creation of a voluntary statewide lump-sum volunteer firefighter retirement plan.
- S.F. 557 (Bakk); H.F. 732 (Dill): Brimson Firefighters Relief Association; Permit alternate composition of the board of trustees.
- S.F. 1001 (Betzold); H.F. 1129 (Murphy, M.): Volunteer fire relief association working group recommendations.
- S.F. 777 (Betzold); H.F. 1111 (Murphy, M., by req): Statewide funds; Revising various retirement plan provisions in light of the Minnesota Post Retirement Investment Fund dissolution.
- S.F. 686 (Pappas); H.F. xxxx: SPTRFA; Cost-of-living adjustment; repeal investment trigger; bylaws revision.
- S.F. 193 (Betzold); H.F. 727 (Murphy, M.): MSRS-Correctional; Disability benefit program revisions.
- S.F. 578 (Betzold); H.F. 1123 (Murphy, M.): MSRS, PERA, TRA, First class city teacher plans; Administrative and benefit-related provisions.
- Amendment LCPR09-01A: PERA Privatization; Weiner Memorial Medical Center, Inc.
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Minutes |
March 10, 2009
9:30 AM |
Room 107, State Capitol Building |
Agenda, Materials & Action
- S.F. 197 (Skogen); H.F. 318 (Nornes): PERA; Service credit purchase for period of past due omitted contributions.
- Amendment LCPR09-02A (Skogen): MSRS, PERA, TRA; Annuity application revocation and overpayment waiver; municipal liquor store employee.
- S.F. 223 (Wiger); H.F. 231 (Lillie): MSRS, PERA; Teacher assistant retirement coverage exclusion option to qualify for deferred annuities augmentation.
- S.F. 281 (Anderson/Pappas); H.F. 260 (Hausman): MFRA; Surviving spouse benefit eligibility specified.
- S.F. 305 (Bakk); H.F. 122 (Dill): MSRS; Disability benefit application filing date deadline exception.
- S.F. 605 (Jungbauer); H.F. 757 (Murphy, M. by request): DOT Pilots; Transportation department aircraft pilot disability and retirement provisions modification.
- S.F. 669 (Betzold); H.F. 741 (Kahn): MFRA, MPRA, PERA; Permitting Minneapolis Firefighters Relief Association and Minneapolis Police Relief Association membership in the Public Employees Retirement Association.
- S.F. 750 (Betzold); H.F. 982 (Murphy, M.): MSRS; Revise allowable service credit for job-share participants.
- S.F. 1311 (Hann); H.F. 1409 (Loon): PERA; Waive minimum service requirement for disability application; certain Hennepin County employee.
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Minutes |
March 13, 2009
9:30 AM |
Room 107, State Capitol Building |
Agenda, Materials & Action
- S.F. 131 (Bonoff); H.F. 111 (Winkler): SBI; Require divestment of certain investments relating to Iran.
- S.F. 914 (Betzold); H.F. 1100 (Thissen): MERF consolidation with PERA-General.
- Technical Amendment S0777-4A
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Minutes |
March 17, 2009
7:00 PM |
Room 123, State Capitol Building |
Agenda, Materials & Action
- S.F. 921 (Betzold); H.F. 1124 (Murphy, M.): MSRS-C; Department of Corrections recommendations for plan coverage expansion.
- S.F. 1191 (Rosen); H.F. 1383 (Gunther): Fairmont Police Relief Association; Amortization target date extended from 2010 to 2020.
- S.F. xxxx; H.F. 1279 (Paymar), Articles 3 and 4: Correctional state employees retirement plan revised; vesting period for retirement annuity modified; service credit transfer permitted.
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Minutes |
March 20, 2009
9:30 AM |
Room 107, State Capitol Building |
Agenda, Materials & Action
- S.F. 506 (Betzold, by request); H.F. 592 (Thissen): Teachers retirement provisions modifications.
- S.F. 1266 (Pappas); H.F. 1527 (Kahn): MnSCU; Early separation incentive programs authorization.
- S.F. 1267 (Olson, M.); H.F. 1528 (Kahn): MnSCU; Tenured faculty defined benefit plan retirement coverage election authorization.
- S.F. 686 (Pappas); H.F. xxxx: SPTRFA; Cost-of-living adjustment; repeal investment trigger; bylaws revision.
- S.F. 749 (Betzold); H.F. 950 (Murphy, M.): PERA; Postretirement option for general plan members.
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Minutes |
March 31, 2009
7:00 PM |
Room 107, State Capitol Building |
Agenda, Materials & Action
- Final consideration of the 2009 Omnibus Retirement Bill; delete‑all amendment S0191-DE3 to S.F. 191 (Betzold); H.F. 723 (Murphy, M.).
Revision/clarification of:
a. Erroneous deduction/overpayment recovery provisions (PERA; First class city teachers)
b. Commission staff technical correction/clarification amendments
- S.F. 1878 (Betzold); H.F. 1983 (Kahn): Minneapolis Firefighters Relief Association; Number of representatives on the board of trustees modified.
- S.F. 1625 (Skoe); H.F. 1923 (Sailer): PERA Privatization; Extend filing date for Clearwater County Memorial Hospital.
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Minutes |
June 10, 2009
11:00 AM |
Room 112, State Capitol Building |
Agenda, Materials & Action
- Identification of 2009 session bills and other topics for interim consideration.
- Update on Minnesota public pension plan asset investment performance.
- Initial review of responses to the Commission reviewing/auditing actuary request for proposal.
- Additional review of proposed Teachers Retirement Association service credit revision; (S.F. 578 (Betzold); H.F. 1123 (Murphy, M.), sections 17, 19, 29, and 30).
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Minutes |
July 8, 2009
11:00 AM |
Room 112, State Capitol Building |
Agenda, Materials & Action
- S.F. 889 (Betzold); H.F. xxx: MSRS-Unclassified; Changes in membership transfer authority; elimination of maximum administrative fee.
- S.F. 1180 (Betzold); H.F. 1774 (Nelson): Revisions to the state deferred compensation program and MSRS-Unclassified.
- Report from the Actuarial Services Subcommittee.
- Designated Commission interim study; Options for and desirability of the creation of a pension fund consolidation assistance fund: first consideration.
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Minutes |
August 12, 2009
11:00 AM |
Council Chambers,
City Hall
317 4th Street NW
Bemidji, Minnesota
56601-3116 |
Agenda, Materials & Action
- S.F. 1601 (Olson, M.); H.F. 1793 (Nelson): TRA; Adding a second retired member to the Board of Trustees.
- General consideration of the treatment of public pension plan retirement benefits in marriage dissolution marital property divisions
- General consideration of the definition of surviving spouse for public pension plan survivor benefits.
- Designated Commission interim study; Options for and desirability of the creation of a pension fund consolidation assistance fund: second consideration.
- Public comments and testimony on public pension issues.
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Minutes |
September 8, 2009
11:00 AM |
Room 107, State Capitol Building |
Agenda, Materials & Action
- Presentations by firms selected as finalists for the provision of reviewing/auditing actuarial services:
- Deloitte Consulting LLP
- Hay Group, Inc.
- Milliman, Inc.
- PricewaterhouseCoopers LLP
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Minutes |
October 14, 2009
11:00 AM |
Room 112, State Capitol Building |
Agenda, Materials & Action
- Report on the retention of a Commission auditing/reviewing actuary.
- S.F. 1601 (Olson, M.); H.F. 1793 (Nelson): TRA; Addition of retiree board of trustees member.
- S.F. xxx; H.F. 814 (Urdahl), and S.F. 45 (Betzold); H.F. 474 (Thissen): PERA, TRA; Bounce-back annuity following certain marriage dissolutions.
- S.F. 1417 (Pogemiller); H.F. 1327 (Murphy, M.): Various plans; Modification of an early retirement incentive.
- Local retirement plan consolidation assistance fund creation: third consideration.
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Video
Audio
Minutes |
November 12, 2009
11:00 AM |
Location |
Agenda, Materials & Action
- Report on the retention of a Commission auditing/reviewing actuary.
- S.F. 889 (Betzold); H.F. xxx, Sections 1-10, as amended by the Commission on July 8, 2009 (Document S0889-E1): MSRS-Unclassified; Changes in membership transfer authority.
- S.F. xxx; H.F. xxx: MnSCU (Document LCPR10-003); Retirement-related administrative provisions.
- S.F. xxx; H.F. xxx (Document LCPR10-005): MSRS; Retirement-related administrative provisions
- S.F. xxx; H.F. xxx (Document LCPR09-071): Statewide and major local retirement plans; Deadlines for filing annual actuarial valuations and quadrennial experience studies.
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Minutes |
Minnesota Legislature