Action Items |
| 1. |
Approval of meeting minutes - Adopted
- May 4, 2023, October 30, 2023, and January 11, 2024, Commission meetings
- January 8, 2024, Executive Committee meeting
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May 4, 2023
Oct. 30, 2023
Jan. 11, 2024
Jan. 8, 2024 Exec
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| 2. |
Designation of member of the Secure Choice board of directors to convene the first meeting Motion LCPR24‑M1 - Approved |
Motion LCPR24‑M1 |
Informational Items |
| 3. |
Presentation by the Commission actuary VIA Actuarial Solutions
- Review of July 1, 2023, pension plan actuarial valuations and 2018-2022 experience studies
- Recently effective Actuarial Standard of Practice No. 4
- Overview of amortization and layered amortization
- Mark W. Schulte, FSA, EA, MAAA, President and Consulting Actuary
- Emily M. Knutson, FSA, EA, MAAA, Consulting Actuary, VIA Actuarial Solutions
- Submitted testimony:
- Mark Haveman, Executive Director, Minnesota Center for Fiscal Excellence (cover letter and “Observations on the State of State Pensions,” combined into one document combined into one document)
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VIA Presentation
For submitted
testimony click on
the person's name |
| 4. |
Presentation by the St. Paul Teachers Retirement Fund Association (SPTRFA).
- Phill Tencick, Executive Director/CIO, SPTRFA
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SPTRFA Presentation |
| 5. |
Presentation by the Minnesota State Retirement System (MSRS).
- Erin Leonard, Executive Director, MSRS
|
MSRS Presentation |
| 6. |
Presentation by the Public Employees Retirement Association (PERA).
- Doug Anderson, Executive Director, PERA
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PERA Presentation |
| 7. |
Presentation by the Teachers Retirement Association (TRA).
- Jay Stoffel, Executive Director, TRA
- Holly Dayton, Legislative Liaison, TRA
- Submitted testimony related to TRA and teacher pensions:
- Jason Savage, Pillager Public Schools principal
- Robert Laine, Lake of the Woods High School Career and Technical Education teacher
- Paul Peterson, International Falls special education teacher
- Dave Ostergaard, Tier II teacher
- Ann Millan, Robbinsdale Spanish Immersion School 5th grade teacher
- Diana Regis, Lakeville School District Tier II teacher
- Elizabeth Martin-Baxter, Wyoming Elementary media innovation & art specialist
- Greg Hygrell, Greg Hygrell, ISD #877 Buffalo-Hanover-Montrose Tier II science teacher
- Jennifer Demars, Jennifer DeMars, Fridley Public Schools Tier II teacher
- Julie Martzke, ISD #196 Rosemount-Apple Valley-Eagan school psychologist
- Robin and Pete Kautto, Staples-Motley teachers
- Jon DeMars, Mounds View Schools teacher
- Lisa Ruehling, Jordan Schools math specialist
- Maggie Temple, Hopkins High School teacher
- Jeff Soma, Mankato Area Public Schools 5th grade teacher
- JoAnn Orpen, Battle Lake band director and 4-8th grade general music teacher
- Daniel Moddes, teacher
- Sara Dahl-Wyland, Bloomington Public Schools high school teacher
- Dave Christensen, Pequot Lakes High School English/Spanish teacher
- Sean Bengtson, Pequot Lakes Middle School 6th grade social studies teacher
- Tatiana O'Donnell, Robbinsdale Spanish Immersion School teacher
- Holly Paschke, Clover Ridge Elementary School speech/language pathologist
- Michelle Kilroy, Cloquet Public Schools elementary school teacher
- Elizabeth Osborne, Robbinsdale Area Schools, 2nd grade teacher
- Todd Richter, Roseville Area Middle School counselor
- Reid Bordson-Nolle, teacher
- Mollie H. Olson, Minneapolis Roosevelt High School English/language arts teacher
- William R. Schultz, PEM High School Tier II teacher
- Amy Allram, Taylors Falls Elementary physical education specialist
- Katie Dickerson, teacher
- Steve Bliven, Stillwater Area Schools 5th grade teacher
- Vickie Penick, teacher
- Lora Larson, teacher
- Krista Ice, Wayzata School District 3rd grade teacher
- Lisa Jepson, Moorhead Area Public Schools high school math teacher
- Lisa Yoerg, ISD #47 Sauk Rapids-Rice School District 1st grade teacher
- Luis Millan, Edina High School teacher
- Jim Olson, ISD #709 Duluth Public Schools teacher
- Karl Kaufmann, Retired Tier II teacher
- Melinda Wetteland, St. Francis Area Schools teacher
- Susan Nelson, ISD #728 Elk River-Otsego-Rogers-Zimmerman teacher
- Steve Clouse, ISD #319 Nashwauk-Keewatin Career and Technical Education teacher
- Stacy Bartlett, high school biology teacher
- Tim Nelson, ISD #728 Elk River-Otsego-Rogers-Zimmerman teacher
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TRA Presentation
For submitted
testimony click on
the person's name |
Minnesota Legislature
Meeting will be livestreamed by the House on HTV2: www.house.mn.gov/live/2.