April 2, 2019, Pension Commission Meeting

Agenda

1. Approval of March 26, 2019, meeting minutes. ‑ Approved


2. HF 2683 (Murphy, by request); SF xxxx: MnState; Eliminating the expiration of an early retirement incentive; making nonsubstantive style and form changes. ‑ Passed as amended
   • Amendment H2683-3A ‑ Adopted
   • H2683-Sxxxx Memo (Revised)


3. 2019 Omnibus Bill: Delete-all amendment H2632-1A to HF2632 (Murphy); SF 2583 (Rosen). ‑ Amended, continued to a future meeting, date TBA
   • Delete-all amendment H2632-1A containing bills passed by the Commission through 3/26/2019 ‑ Amended
     
     • Summary of delete-all amendment H2632-1A
   • Amendment H2632-2A: LCPR staff technical corrections ‑ Adopted
     • Summary of H2632-2A
   • Amendment H2632-3A: Austin fire state aid allocation expiration date ‑ Adopted
   • Amendment H2632-4A: PERA military service credit purchases ‑ Adopted as amended (page 7, line 6, after the period insert: "If the member proceeds with the purchase, the administrative fee will be credited toward the purchase payment amount.")
   • Amendment H2632-5A: VFRA vesting requirements ‑ Tabled
   • Amendment H2632-6A: interest on VFRA deferred lump-sum pension benefits ‑ Tabled
   • Amendment H2632-8A: TRA service credit purchase ‑ Laid over
   • Amendment H2632-9A: TRA coverage election authority ‑ Adopted
     Drawn from HF2775-Youakim; SF2713-Latz (H2775-S2713 Memo)
   • Amendment H2632-10A: Delete Article 5, Section 2; delete Articles 7-8 ‑ Not adopted

If you would like to testify, please contact Lisa Diesslin (lisa.diesslin@lcpr.mn.gov or 651-296-6806) by 2:00 PM the day of the meeting and specify the agenda item of interest.

Written testimony is welcome, but if you want it included in members' packets,
send it by email to Lisa by 10:00 AM the day of the meeting.

**Testimony may be limited to 2 minutes per person due to time constraints.**

Note: If the East or West doors of the Capitol are locked, use the South (front) doors.