March 5, 2010, Pension Commission Meeting

Agenda

1. Approval of prior Commission meeting minutes. ‑ Approved
   • February 26, 2010, meeting minutes


2. Delete-everything amendment S2573-1A:  MSRS, PERA, TRA; Statewide retirement systems financial sustainability proposals. ‑ Passed as amended
     Note: The delete-all contains the language (as amended on 2/26) of:
   • S.F. 2499 (Betzold); H.F. 2953 (Murphy, M.):  TRA
   • S.F. 2573 (Betzold); H.F. 2952 (Murphy, M.):  MSRS
   • S.F. 2631 (Betzold); H.F. 2999 (Murphy, M.):  PERA
   • Amendments
     • S2573-3A ‑ Adopted
     • S2573-4A ‑ Adopted
     • LCPR10-07A ‑ Withdrawn
   • New materials
   • Previous materials


3. S.F. 2672 (Betzold); H.F. xxxx:  PERA-P&F; MPPOA-recommended financial sustainability measures. ‑ Resolved by Item #2 (Amendment S2573-4A)
   • See amendment S2573-4A, above
   • Previous materials


4. S.F. 2404 (Pappas); H.F. xxxx:  SPTRFA; Increasing benefits and state aid, revising fiduciary provisions and large plan investment authority. ‑ Passed as amended
   • Amendments:
     • S2404-11A ‑ No action
     • S2404-21A ‑ Amended, adopted, reconsidered, withdrawn
     • S2404-22A ‑ Adopted
   • New materials
   • Previous materials


5. LCPR10-038 (Murphy, M.): DTRFA; Various benefit changes and contribution increases. ‑ Passed as amended
   • Amendments:
     • LCPR10-038-5A ‑ Adopted
     • LCPR10-038-7A ‑ Adopted
   • New materials
   • Previous materials


6. Final consideration of the 2010 Omnibus Retirement Bill (LCPR10-039). ‑ Passed as amended
   • Summary
   • Amendments:
     • LCPR10-039-1A:  ‑ Amended, passed (delete lines 3.30-4.11)
     • Clean-up amendment LCPR10-039-2A ‑ Amended, adopted (delete lines 1.7-1.14)
       • Summary of LCPR10-039-2A
     • LCPR10-039-3A ‑ Adopted
     • LCPR10-039-4A ‑ Adopted
     • LCPR10-039-7A ‑ Adopted
     • Oral amendments to page 135, lines 12 and 29-31 ‑ Adopted
     • LCPR10-018-2A ‑ Failed

Other Items as Designated by the Commission Chair.

Persons wishing to testify may contact Lisa Diesslin by e-mail or by calling 651-296-6806 to be added to the public testimony list. Please indicate the agenda item of interest.

If accommodations for the meeting under the Americans With Disabilities Act are needed, please call 651-296-2750 (651-296-9896 for TDD) as far in advance as possible.