July 8, 2010, Pension Commission Meeting

Agenda

1. Approval of prior Commission meeting minutes.
   • March 5, 2010, meeting minutes. ‑ Approved


2. Review of the 2004-2008 Experience Study Reports of MSRS, PERA, and TRA.
   • Presentation by the Commission reviewing actuary, Milliman, Inc.
   • Report: Experience Study Review of MSRS, PERA, and TRA
   • Response from MSRS, PERA, and TRA
   • Testimony by other interested parties
   • Motions to adopt actuarial assumption changes:
     • MSRS: Motion 070810-1 ‑ Approved
     • MSRS: Motion 070810-2 ‑ Approved
     • PERA: Motion 070810-3 ‑ Approved
     • PERA: Motion 070810-5 ‑ Approved
     • PERA-MERF Division: Motion 070810-4 ‑ Approved
     • TRA: Motion 070810-6 ‑ Approved
     • TRA: Motion 070810-7 ‑ Approved


3. Review of the Commission's Standards for Actuarial Work
   • Proposed Standards
   • Presentation by the Commission reviewing actuary, Milliman, Inc.
   • Testimony by interested parties


4. Outline and process summary for retirement plan design study
   • Presentation by MSRS, PERA, and TRA
   • MSRS/PERA/TRA Handout

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.