MEETING: | Legislative Commission on Pensions and Retirement |
PLACE: | Room 5 State Office Building |
DATE: | October 13-14, 2015 | TIME: | Tues. 10/13 - 1:00 PM Wed. 10/14 - 9:00 AM |
Two-Day Agenda |
Materials |
Action |
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October 13, 2015, 1:00pm | |||
1. |
Approval of minutes. |
Minutes |
Approved |
2. | Actuarial review of Minnesota retirement systems as of July 1, 2014. - Deloitte Consulting, Commission reviewing actuary Review of the retirement plans' actuarial reports Recommendation of funding policy change Implications of changing the investment return assumption |
Deloitte Handout | |
3. | Status information on Minnesota public pension plan asset investment performance. - Mansco Perry, Executive Director, State Board of Investment |
SBI Handout | 4. | Review of the 2008-2014 actuarial experience studies and proposed actuarial assumption changes. NOTE: No action will be taken on the proposed assumption changes at this meeting - Minnesota State Retirement System (MSRS) - Public Employees Retirement Association (PERA) - Teachers Retirement Association (TRA) |
Funds Update Supplementary Info MSRS Demographics PERA Demographics TRA Demographics Human Dev. Index- (Life Expectancy by State) |
October 14, 2015, 9:00am | |||
5. |
Continuation of agenda items from Tuesday, if necessary. |
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6. | Supplemental public pension plan financing program proposal. - Presentation by EPOCH International |
Presentation Additional Info |
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.