March 2, 2021, Pension Commission Meeting

Agenda

1. Approval of February 23, 2021, meeting minutes. - Approved


2. SF976 (Pappas); HF1258 (Becker-Finn): Minnesota Secure Choice Retirement Program. - No action
   *Informational; no formal action will be taken*
   • S0976-H1258 Summary
   • Testifiers:
     • Rep. Jamie Becker-Finn
     • Kate Schaefers, AARP Volunteer President (AARP Fact Sheet)
     • Sen. Sandra Pappas
     • Jason Rathe, Owner, Field Outdoor Spaces
     • Shari Lackey , home care worker and SEIU Healthcare Minnesota leader
     • Michael Parker, Executive Director, Oregon Savings Network
     • Robyn Rowan, Executive Director, MN Insurance & Financial Services Council


3. HF1678 (Youakim): Reinstates the state aid to local governments to fund increased employer contributions to PERA enacted in 1997. - Passed
   • Sxxxx-H1678 Summary
   • Testifiers:
     • Doug Anderson, Executive Director, Public Employees Retirement Association
     • Gary Carlson, Executive Director, League of Minnesota Cities
     • Matt Hilgart, Government Relations Manager, Association of Minnesota Counties
     • Matt Massman, Executive Director, Minnesota Inter-County Association
   • Submitted testimony:
     • Joint letter from the League of Minnesota Cities, Minnesota Inter-County Association, MetroCities, Association of Minnesota Counties, Municipal Legislative Commission, and Coalition of Greater Minnesota Cities
     • Feedback from the Minnesota Dept. of Revenue


4. SF1454 (Pappas); HF1497 (Feist): Revises eligibility for H-1b visa employees under MSRS and PERA to comply with federal law. - Passed
   • S1454-H1497 Summary


5. Adoption of the Report on the LCPR Study of Postretirement Adjustments (COLA), Motion LCPR21-M2. - Tabled
   • Study Report (Text-only version)
   • Staff Presentation
   • LCPR Principles
   • Testifiers:
     • Brian Rice, representing the Minnesota Police Fraternal Association (Rice letter)
     • Chris Parsons, President, Minnesota Professional Fire Fighters
     • Louise Sundin, Minneapolis Committee of Thirteen
     • Ethan Vogel, Legislative Director, AFSCME Council 5 (PEPC letter)
     • David Johnson, representing the Minnesota Municipal Retirement Assoc. (Johnson handout)
     • Tim Moynihan, Vice-President, Retired Educators Association of Minnesota


6. HF1758-Nelson, M.: PERA 2021 administrative bill. - Passed as amended
   • Sxxxx-H1758 Summary
   • Staff amendment H1758-1A - Adopted
   • Testifiers:
     • Doug Anderson, Executive Director, Public Employees Retirement Association
     • Amy Strenge, Policy Coordinator, Public Employees Retirement Association
   
   

TESTIFYING: If you wish to testify or submit written testimony on any of the agenda items, please contact Commission Assistant Lisa Diesslin at lisa.diesslin@lcpr.mn.gov by 6:00 PM on Monday, March 1, and you will be provided with further instructions.

If you have questions about the accessibility of remote hearings or require an accommodation to view, participate in, or otherwise access a remote hearing, please contact Lisa Diesslin at lisa.diesslin@lcpr.mn.gov or 651-296-6806 as far in advance of the meeting as possible.

This meeting is being held in accordance with Minnesota Statutes, Section 13D.021; and Legislative Coordinating Commission guidelines.