March 25, 2014, Pension Commission Meeting

Agenda

1. Approval of March 18, 2014, meeting minutes. ‑ Approved


2. S.F. 2427 (Pappas); H.F. 2790 (Murphy, M.): PERA, PERA-P&F; City of Duluth and Duluth Airport Authority employee salary-supplement payments coverage following Court of Appeals decision. ‑ Passed as amended
   • Amendment S2427-3A ‑ Adopted
   • S2427-H2790 materials


3. S.F. 2442 (Pappas); H.F. 2827 (Murphy, M.): MSRS, TRA; MSRS: Specifying interest rate for computing joint-and-survivor annuities; revising post-retirement adjustment triggers; revising reemployed annuitant withholding in certain divorce situations; TRA: clarifying medical advisor and resumption of teaching provisions. ‑ Passed as amended
   • Amendment S2442-1A ‑ Adopted
   • Amendment S2442-2A ‑ Adopted
   • Amendment S2442-3A ‑ Adopted
   • Amendment S2442-4A ‑ Adopted
   • S2442-H2827 materials


4. S.F. 2641 (Pappas); H.F. xxxx: Explicit post-retirement adjustment assumption. ‑ Passed as amended
   • Amendment S2641-2A ‑ Adopted as amended (with oral amendment)
   • S2641-Hxxxx materials


5. S.F. 2428 (Pappas); H.F. 2682 (Nelson): MSRS, PERA, TRA; Membership inclusion and exclusion provisions reorganized and updated. ‑ Passed as amended
   • Amendment S2428-4A ‑ Adopted
   • Amendment S2428-5A ‑ Adopted
   • Amendment S2428-1A-R ‑ Adopted
   • S2428-H2682 materials


6. S.F. 2741 (Johnson); H.F. 3155 (Kahn): VFRAs; Allowing volunteer firefighter relief associations to pay state fire chiefs association dues from the special fund. ‑ Passed
   • S2741-H3155 materials


7. S.F. 2749 (Tomassoni); H.F. 3118 (Metsa): MnSCU-IRAP, TRA; Authorizing MnSCU employee to elect TRA coverage and transfer past service from IRAP to TRA; offering comparable treatment to similarly situated individuals. ‑ Passed as amended
   • Amendment S2749-2A ‑ Adopted
   • S2749-H3118 materials


8. Unofficial engrossment of Commission amendment LCPR14-01A: PERA-P&F; Applicability of 2013 post-retirement adjustment modifications to certain county sheriffs. ‑ Passed as amended
   • LCPR1401A-2A ‑ Adopted


9. S.F. 2308 (Johnson); H.F. 2604 (Murphy, M., by request): MSRS-Correctional; Modifications of coverage for Department of Human Services employees. ‑ Passed as amended
   • Amendment LCPR14-04A ‑ Adopted
   • S2308-H2604 materials from March 18


10. S.F. xxxx; H.F. 3220 (Radinovich): PERA-P&F; Service credit purchase; Mille Lacs tribal police department service. ‑ Passed
    • Sxxxx-H3220 materials


11. S.F. 2886 (Johnson); S.F. xxxx; H.F. 3229 (Sanders): PERA; Service credit purchase; Hennepin County Medical Center employee omitted contribution period. ‑ Withdrawn
    • S2886-H3229 materials


12. S.F. 2169 (Hayden); H.F. 2316 (Kahn): PERA; Service credit purchase for certain Hennepin Co. elected service. ‑ Passed
    • S2169-H2316 materials from March 4


13. S.F. 1630 (Hayden); H.F. 1800 (Kahn): Local police and fire relief association former members pension benefits adjustment. ‑ Passed as amended
    • Amendment LCPR14-07A ‑ Adopted as amended (Paragraph (a) only)
    • S1630-H1800 materials from March 18


14. Final action on the Commission's recommendation of the 2014 Omnibus Retirement Bill. ‑ Passed as amended
    • Delete-all amendment S1803-20A, 2014 Omnibus Retirement Bill as of March 184 ‑ Adopted as amended
    • Summary of delete-all amendment S1803-20A
    • Amendment S1803-21A ‑ Adopted as amended (oral amendment)
    • Amendment S1803-22A ‑ Adopted
    • Summary of amendments S1803-21A and S1803-22A


15. Other items as designated by the Commission Chair:
    • Amendment LCPR14-02A: TRA; Voluntary membership dues deductions ‑ Adopted

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.