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May 10, 2017, Pension Commission Agenda

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Legislative Commission on Pensions and Retirement

Wednesday, May 10, 2017, 8:30 a.m.
Room 1150, Minnesota Senate Building

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Printable Agenda (PDF)

  1. LCPR17-035 (Murphy, M.): PERA; Authorizing an eligible Duluth township employee to elect PERA general plan coverage and receive retroactive coverage. Passed

  2. LCPR17-036 (Murphy, M.): MSRS-Unclassified; Grandfathering current factors used in the calculation of annuities under the MSRS Unclassified Program.  Passed

  3. S.F. 1705 (Rosen); H.F. 2126 (O'Driscoll): MSRS; Revising augmentation rates for certain terminated privatized employees (Fairview) Passed as amended

  4. LCPR17-038; Minnesota public employee pension plans; Benefit and contribution changes. Passed as Amended

  5. Final action on the 2017 Omnibus Retirement Bill.  Passed as Amended
    • Amendments:
    • S0545-5A:   Dept. of Human Services requested changes to the MSRS-Correctional inclusion procedure. (HTML version) Passed
    • S0545-6A:   Redirect fire state aid for VFRAs to the State General Fund. (HTML version) Failed
    • S0545-7A:   Former local police & fire plans benefit increase for surviving spouses and retirees. (HTML version) Failed
    • S0545-8A:   Former local police & fire plans benefit increase for surviving spouses and retirees - delays the start of funding to 2019. (HTML version) Failed
    • S0545-9A:   Fire State Aid Work Group membership. (HTML version) Passed
    • S0545-10A: Technical corrections and conforming changes, including revisions from MSRS and PERA to their administrative changes. Passed
    • S0545-11A: MSRS and PERA board changes. (HTML version) withdrawn
    • A17-0442:   Technical amendment.(HTML version)  Passed
    • S0545-2A:   Omnibus Retirement Bill delete-everything amendment. Amended, passed(HTML version)

  6. Motion LCPR17-M3: MSRS, PERA, and SPTRFA; Assumptions for salary and payroll growth. Approved