MEETING:    Legislative Commission on Pensions and Retirement
PLACE:    Room 112 Capitol
DATE: March 5, 2014
TIME: 5:30PM

Printable PDF

Agenda

Materials

Action


1. 

Approval of minutes.

Minutes

Approved

Bills Remaining from the February 12-13 Agenda:

2.
 
 

Review of the July 1, 2013, actuarial valuation reports.
      -William V. Hogan, FSA, Milliman, Commission reviewing actuary
      -Tim Herman, FSA, Milliman, Commission reviewing actuary

Presentation
 
 

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3.
 

S.F. 1943 (Pederson); H.F. 1873 (O'Driscoll): PERA-General; Coverage exclusion for St. Cloud Metropolitan Transit Commission employees.
Amendments: H1873-1A - Passed; Line 3.27, strike "87" and insert "322" - incorporated into -1A

Staff Memo
 

Amended,
Passed

4.
 

S.F. 2148 (Westrom); H.F. 1894 (McNamar): PERA-General; Coverage for Stevens County Housing and Redevelopment Authority employees.    Amendment: Delete Section 2 - Passed

Staff Memo
 

Amended,
Passed

5.

S.F. 1326 (Goodwin); H.F. 1410 (Nelson): MSRS; Deferred members permitted to vote in board elections.

Staff Memo

Passed

6.
 

S.F. 713 (Pappas); H.F. 872 (Kahn): MnSCU; Elimination of early retirement incentive sunset date.
Amendments: S0713-1A (incorp. 1.4 delete "2017" and insert "2019") - Passed; S0713-2A - Passed; S0713-3A - Withdrawn

Staff Memo
 

Amended,
Passed

 

7.
 

S.F. 764 (Pappas); H.F. 871 (Kahn): MnSCU; Elimination of sunset date on eligibility to elect TRA coverage.
Amendment: S0764-2A - Passed

Staff Memo
 

Amended,
Passed

8.
 

S.F. 765 (Pappas); H.F. 870 (Kahn): MnSCU; Increase in the maximum salary for the annuitant return-to-work provision.
Amendments: S0765-1A - Passed; S0765-4A - Passed; S0765-3A - Passed as amended: lines 1.3, 1.8, and 1.13, delete "or" and insert ";" and delete lines 1.4, 1.9, and 1.14

Staff memo
 

Amended,
Passed

New Bills:


9. 

S.F. xxxx; H.F. 2179 (Nelson): TRA; Board of trustees increased by adding an additional elected retired member.

Staff Memo

Laid over

10. 

S.F. 2169 (Hayden); H.F. 2316 (Kahn): PERA; Service credit purchase for certain Hennepin Co. elected service.

Staff Memo

Laid over

11.  

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.