May 8, 2018, 8:00 AM |
Room 1200 MN Senate Building |
Agenda, Materials & Action
- Amendment S2620-10A: Maplewood Firefighters Relief Association; Termination and dissolution.
- Amendment S2620A1: Volunteer Firefighter Relief Associations: Disposition of special fund assets upon dissolution; lump-sum service pension maximum for overfunded relief associations.
- Amendment S2620-14A: Volunteer Firefighter Relief Associations: Disposition of special fund assets upon dissolution.
- Amendment S2620-11A: Volunteer Firefighter Relief Associations; Moratorium on relief association dissolutions and plan conversions; relief association work group created.
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Mar. 13, 2018, 5:30 PM |
Room 1200 MN Senate Building |
Agenda, Materials & Action
- Minnesota Management and Budget testimony on the 2018 Omnibus Retirement Bill - Myron Frans, Commissioner
- Motion LCPR18-M3: SPTRFA; Changes to demographic and economic assumptions for actuarial valuations.
- SF 3185 (Frentz); HF 3720 (Thissen): PERA-General; Excluding certain St. Paul city and school district temporary construction employees who are covered by the Minnesota Laborers Pension Fund
- SF 2971 (Lang); HF 3353 (Miller): PERA Privatizations; Clarifying a 1992 session law impacting employees of the Swift County/Benson Hospital.
- SF 2620 (Rosen); HF 3053 (O'Driscoll): 2018 Omnibus Retirement Bill, third consideration.
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Mar. 6, 2018, 5:30 PM |
Room 1200 MN Senate Building |
Agenda, Materials & Action
- SF 2622 (Utke); HF 2957 (Grossell): Clearbrook Fire Department Relief Association; Extension for submitting reports for fire state aid eligibility.
- SF 2743 (Latz): TRA/MnState; TRA coverage election authority for certain employee.
- HF 3145 (Newberger): PERA DC; Permitting distributions while employed; clarifying provisions.
- Amendment S2620-2A: PERA-P&F; Providing coverage for part-time paramedics and emergency medical technicians employed by Hennepin Healthcare System, Inc.
- LCPR18-012 PDF / HTML): Hennepin County supplemental retirement plan; expanding investment authority.
- SF 2620 (Rosen); HF 3053 (O'Driscoll): 2018 Omnibus Retirement Bill, second consideration.
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Feb. 27, 2018, 5:30 PM |
Room 1200 MN Senate Building |
Agenda, Materials & Action
- SF 2620 (Rosen); HF 3053 (O'Driscoll): 2018 Omnibus Retirement Bill, first consideration.
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Feb. 19, 2018, 1:00 PM |
Room 1100 MN Senate Building |
Agenda, Materials & Action
- Motion LCPR18-M2: MSRS, PERA, and TRA; Changes to economic assumptions (except investment rate of return) for actuarial valuations.
- Assessing the Risk of Fiscal Distress for Public Pensions: State Stress Test Analysis: Susan Banta, Director of Research, and Timothy Dawson, Officer, State Policy, Public Sector Retirement Systems Project, The Pew Charitable Trusts
- The South Dakota Perspective: Robert A. Wylie, Executive Director, South Dakota Retirement System
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Audio Part 1 Audio Part 2
Note: The recording equipment malfunctioned so much of the 1st hour was not recorded
Minutes
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Feb. 6, 2018, 11:00 AM |
Room 1150 MN Senate Building |
Agenda, Materials & Action
- Public pension trends: Alex Brown, Research Manager, National Association of State Retirement Administrators (NASRA)
- Report on trends and forecasts for public employment in Minnesota: Susan Brower, Minnesota State Demographer
- Volunteer firefighter relief association pensions update:
- Volunteer Fire Relief Association Working Group
- Fire State Aid Work Group
- PERA Statewide Voluntary Firefighters Retirement Plan (SVFRP) Advisory Board
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Jan. 24, 2018, 2:00 PM |
Room 1150 MN Senate Building |
Agenda, Materials & Action
- Public pension policy initiative: Kurt Winkelmann, Senior Fellow, Heller-Hurwicz Economics Institute, University of Minnesota
- Oklahoma's path from a pension plan to a defined contribution plan for public employees: Joseph Fox, Executive Director, Oklahoma Public Employees Retirement System
- Impact of the Tax Cuts and Jobs Act of 2017 on public pension plans and pension recipients: Joel Michael, House Research, and Nora Pollock, Senate Counsel
- Motion LCPR18-M1, waive certain Actuarial Standards requirements
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Jan. 12, 2018, 9:00 AM |
Room G-15 MN Capitol Building< |
Agenda, Materials & Action
- Report by MMB Commissioner Myron Frans:
-November budget forecast
-Impact of pensions on the state's credit rating
-Update on the Governor's recommendations regarding pensions for the 2018 Legislative Session
- Minnesota State Retirement System 2018 legislative proposal
- Public Employees Retirement Association 2018 legislative proposal
- Teachers Retirement Association 2018 legislative proposal
- St. Paul Teachers Retirement Fund Association 2018 legislative proposal
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