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Legislative Commission on Pensions and Retirement


  MEETING: Legislative Commission on Pensions and Retirement
PLACE: Room 10 State Office Building
DATE: August 12, 2008
TIME: 10:00 a.m.

 

AGENDA: 

Updated: 08/11/2008 (ld)

 

1. Approval of Prior Commission Meeting Minutes.
2. Designated Commission Interim Study: Review of the Commission’s Principles of Pension Policy.
Materials: July 18, 2008, Staff Memo "Review of the Commission's Principles of Pension Policy Based on 1997-2008 Pension Legislation (Revised Second Consideration)," Pages 1-11:
  • Principle II.A.1. Purpose of Minnesota Public Pension Plans
  • Principle II.B.1. Creation of New Pension Plans
  • Principle II.B.3. Consolidation of Public Pension Plans by a Minnesota Public Employer
  • Principle II.C.1. General Preference for Defined Benefit Plans Over Defined Contribution Plans
3. Mandated Study of Teacher Retirement Benefits (Laws 2008, Chapter 349, Article 1, Section 7). 
- Continued discussion of study parameters, timetable, and process for assembling recommendations

Other items as designated by the Commission chair.