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04.02.2024 Agenda

Pension Commission Meeting Agenda for April 2, 2024

**Please note that public access to the Capitol at this time will be limited to the front portico entrance under the main stairs.

Agenda

Documents
1. Approval of March 18, 2024, and March 25, 2024 meeting minutes. - Adopted 3/18/24
3/25/24
2. HF xxxx; SF 5197 (Pappas): MSRS General; Authorizing foreign citizens employed by public employers on a H-1B, H-1B1, or E3 visa to purchase service credit for a prior period of employment as an excluded employee. - Passed
  • Testifiers:
    • Erin Leonard, Executive Director, Minnesota State Retirement System (MSRS)
    • Krisann McMahon, Retirement Programs Manager, Human Resources, University of Minnesota
HFxxxx-SF5197 Summary
3. HF 4358 (Brand); SF 5288 (Frentz): MSRS Correctional; Adding registered nurse-supervisor to the positions eligible for coverage and moving group supervisor and group supervisor assistant positions. - Amended, laid over
  • Testifiers:
    • Erin Leonard, Executive Director, MSRS
    • Clayton Diehl, St. Peter Treatment Center, Middle Management Association Vice President
HF4358‑SF5288 Summary
4. HF 4666 (Wolgamott); SF 4878 (Frentz): PERA P&F; Increasing the post-retirement adjustment; decreasing the waiting period for a post-retirement adjustment. - Laid over
  • Testifiers:
    • Doug Anderson, Executive Director, Public Employees Retirement Association (PERA) (PERA Letter)
    • Captain Scott Vadnais, Minnesota Professional Fire Fighters President
    • Brian Rice, representing the Minnesota Police Fraternal Association (Rice Handout)
HF4666‑SF4878 Summary
5. HF 5137 (Wolgamott); SF xxxx: PERA P&F; Permitting payment of a normal retirement annuity without reduction or suspension upon employment or reemployment on or after age 55. - Amended, laid over
  • Testifiers:
    • Doug Anderson, Executive Director, PERA (PERA Memo)
    • Inspector Dave Titus, Minnesota Police and Peace Officers Association President
    • Captain Scott Vadnais, Minnesota Professional Fire Fighters President
    • Brian Rice, representing the Minnesota Police Fraternal Association (Rice handouts)
    • Chief Brady Juell, Minnesota Chiefs of Police Association Board of Directors
HF5137‑SFxxxx Summary
6. HF xxxx (Nelson); SF 5227 (Rasmusson): All plans; Resolving a conflict in the statute that dictates the established date for full funding; deleting obsolete provisions. - Passed as amended
  • Testifier:
    • Doug Anderson, Executive Director, (PERA
    • Jay Stoffel, Executive Director, Teachers Retirement Association (TRA)
HFxxxx‑SF5227 Summary
7. HF xxxx (Her); SF xxxx (Frentz) (Revisor #24-08106): All plans except MSRS; Changing the lookback for the full funding threshold from one year to three years. - Passed
  • Testifier:
    • Doug Anderson, Executive Director, PERA
    • Jay Stoffel, Executive Director, TRA
24‑08106 Summary

PUBLIC VIEWING INFORMATION: This meeting will be streamed live by the House (webcast schedule).

TESTIFYING: To testify or submit written testimony on an agenda item, please contact the Commission staff at (lisa.diesslin@lcpr.mn.gov) by 12:00 noon on Thursday, March 28, identifying the specific item on which you would like to testify. Testimony is limited to the items listed on the agenda. The number of testifiers and length of time permitted is at the discretion of the chair and is subject to change.

ACCESSIBILITY/ACCOMMODATION: To comment on digital accessibility to meeting information, please submit comments using the Accessibility Comment Form. To request an accommodation, please visit FAQs for Disability Access or contact the LCC Accessibility Coordinator at accessibility.coordinator@lcc.mn.gov.

MEETING DOCUMENTS are also posted on the legislative calendar as soon as they are available.


Meeting Details

  • TUESDAY, April 2, 2024
  • 6:30 PM **
    Room 120, State Capitol Building
  • Chair: Rep. Kaohly Vang Her

Printable Agenda

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