Pension Commission 2025 Meetings

2025 Meetings:

2025 Meetings, in reverse chronological order

Date/Time	Location	Agenda/Meeting Materials	Multimedia/Minutes
March 25 5:00 PM	Room 123 Capitol	Agenda, Materials & Action Approval of the March 18, 2025, meeting minutes HF 2237 (O’Driscoll): MSRS; Increasing the formula multiplier for the MSRS General Plan; increasing the postretirement adjustment for the General, Legislators, and Unclassified Plans HF 2386 (O’Driscoll): PERA Administrative bill SF 1556 (Bahr); HF 708 (Scott): PERA; Adding a correctional plan member to the PERA board of trustees SF 1986 (Kupec); HF 1779 (Wolgamott): PERA and MSRS General plans; Authorizing an unreduced early retirement annuity for probation agency employees Revisor #25-04680: Minnesota Secure Choice Retirement Program; Administrative bill Revisor # 25-04681: Minnesota Secure Choice Retirement Program; Adding penalties for noncompliance SF 2379 (Rasmusson); HF 2022 (Berg): Minnesota State; Higher education supplemental retirement plan; Increasing the supplemental plan employer match maximum	Audio/Video
March 18, 2025 5:15 PM	Room 1200, Minnesota Senate Building	Agenda, Materials & Action Approval of the March 11, 2025, meeting minutes Presentation by the State Board of Investment (SBI). Update from the Commission Actuary, including an overview of the recently published 2022-2023 Public Retirement Plan Portability Assumptions Study. Mandatory annual reporting to the Commission (continued from 3/11 meeting). SF 1341 (Pappas); HF 1828 (Cha): Recommendations of the State Auditor’s Fire Relief Association Working Group. SFxxxx-HF2395 (Huot): Firefighter relief associations; Increasing the maximum lump-sum service pension amount from $15,000 to $20,000 for each year of service credited. SF xxxx; HF 1889 (O’Driscoll): Minnesota State Retirement System administrative bill. SF xxxx; HF 2237 (O’Driscoll): MSRS; Increasing the formula multiplier for the MSRS General Plan; increasing the postretirement adjustment for the General, Legislators, and Unclassified Plans.	Audio/Video Minutes
March 11, 2025 5:00 PM	Room 123 Capitol	Agenda, Materials & Action Introduction of Commission members and staff Election of 2025-2026 Commission officers Approval of April 29, 2024, meeting minutes Appointment of Commission actuary Presentations by the executive directors of MSRS, PERA, TRA, and St. Paul Teachers Mandatory reporting to the Commission	Audio/Video Minutes