January 31, 2017, Pension Commission Meeting

Agenda

1. Election of 2017-2018 Commission officers. - Elected:
   • Chair: Sen. Julie A. Rosen
   • Vice Chair: Rep. Tim O'Driscoll
   • Secretary: Sen. Sandra L. Pappas


2. Approval of meeting minutes. - Approved
   • May 17, 2016, minutes


3. Status update on Minnesota public pension plan asset investment performance.
   • SBI presentation
     • Mansco Perry, State Board of Investment Executive Director


4. Update on the Governor's Blue Ribbon Panel on Pension Reform and the Blue Ribbon Panel Report.
   • Blue Ribbon Panel Report
   • MMB presentation
     • Myron Frans, Minnesota Management and Budget Commissioner


5. Pensions 101: Overview of the Pension Commission and public pensions.
   • Commission staff Pensions 101 presentation
     • Susan Lenczewski, Pension Commission Executive Director
     • Rachel Barth, Pension Commission Deputy Director
   • Deloitte Pensions 101 presentation
   • Deloitte letter on the investment rate assumption
   • de Leon and Strombeck resumes
     • Michael de Leon, Deloitte Consulting Lead Actuary
     • Judy Stromback, Deloitte Consulting Supervising Actuary

***If you would like to testify on an agenda item, please contact Lisa Diesslin at lisa.diesslin@lcpr.mn.gov***
If accommodations under the Americans With Disabilities Act are needed, please call 651-296-2750 (651-296-9896 for TDD).