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Capital IconMinnesota Legislature
Legislative Commission on Pensions and Retirement
7/30/2012 Agenda
MEETING:    Legislative Commission on Pensions and Retirement
PLACE:    Room 5 State Office Building
DATE: July 30, 2012
TIME: 11:00 a.m. - 1:00 p.m.

Agenda:


Materials

Action
1. Approval of prior Commission meeting minutes.
 		 Minutes Adopted
2. Consideration of proposed demographic actuarial assumption changes.
a. St. Paul Teachers Retirement Fund Association(mortality, retirement age, disablement,
          termination, Combined Service Annuity loading, deferred annuity commencement)
b. PERA-Correctional (mortality, retirement age, disablement, annuity form, termination)
c. MSRS-Correctional (mortality, retirement age, disablement, annuity form, termination)
d. State Patrol Plan (mortality, retirement age, disablement, marital status, beneficiary age,
          annuity form, termination)
e. Judges Plan (mortality, retirement age, disablement, Combined Service Annuity loading)
f. Legislators Plan (mortality, retirement age)
g. Elective State Officers Plan (mortality)
h. Duluth Teachers Retirement Fund Association (mortality, retirement age, termination)
 		 Staff Memo #a-g SPTRFA Motion-
   (rev. 7/30)
PERA-C Motion
MSRS-C Motion
State Patrol Motion
 
Judges Motion
Legislators Motion
ESO Motion
DTRFA Memo Motion
 
Passed
 
Passed
Passed
Passed
 
Passed
Passed
Passed
Passed
 
3. Consideration of reports from the Commission reviewing actuary, Milliman, Inc.
a. Review of the July 1, 2011, replication actuarial valuation of TRA.
b. Review of the July 1, 2011, actuarial valuations of the other statewide and
        major local defined benefit retirement plans.
 		 Milliman Presentation      --
4. Update on the eligibility of Minneapolis and Fairmont for amortization state aid and supplemental amortization state aid following retirement plan mergers.
 		 Staff Memo      --

Other Items as Designated by the Commission Chair.

Persons wishing to testify may contact Lisa Diesslin by e-mail or by calling 651-296-6806 to be added to the public testimony list. Please indicate the agenda item of interest.

If accommodations for the meeting under the Americans With Disabilities Act are needed, please call 651-296-2750 (651-296-9896 for TDD) as far in advance as possible.