Legislative Commission on Pensions and Retirement

Tuesday, March 15, 2016, 5:30 p.m.
Room 10, State Office Building

***If you are interested in testifying, please contact Lisa Diesslin at lisa.diesslin@lcpr.mn.gov***
If accommodations under the Americans With Disabilities Act are needed,
please call 651-296-2750 (651-296-9896 for TDD).

Agenda

PDF Agenda

1. Approval of minutes - Adopted
    
2. HF2807 (O'Driscoll); SF2536 (Pappas): MSRS, PERA, TRA, and SPTRFA; Administrative and actuarial assumption provisions - Passed
3. HF2785 (Loon); SF2536 (Hann): VFRAs; Increasing lump-sum service pension maximums for defined benefit relief associations; lowering the vesting requirement for Eden Prairie VFRA firefighters returning to active service - Passed
   • Staff memo on an earlier draft from the Feb. 24 meeting (PDF / HTML)
4. HFxxxx; SF2473 (Rosen/Pappas): 2015-2016 Volunteer Fire Relief Association Working Group bill - Passed
   • Staff memo from the Feb. 24 meeting (PDF / HTML)
5. HF659 (O'Driscoll); SF588 (Pappas): MSRS; Modifying disability application deadlines in certain instances - Amended, passed
   
   • Staff memo from the Feb. 24 meeting (PDF / HTML)
   • Amendment H0659-1A (PDF / HTML) - Passed
6. HFxxxx (Metsa); SFxxxx (LCPR16-015 PDF / HTML): MSRS; Rule of 90 eligibility for certain MnDOT employees - Passed
   • Staff memo from the Feb. 24 meeting (PDF / HTML)
7. HFxxxx (Whelan, by request); SFxxxx (Revisor #15-3939 PDF / HTML): MSRS; Purchase of allowable service credit for state internship employment and Rule of 90 eligibility in certain cases - Laid over for possible inclusion
   
   • Staff memo (PDF / HTML)
8. Update on the Minnesota State Retirement System funding proposal: LCPR16-012 - no action
   
   • Staff memo from the Feb. 3-4 meeting (PDF / HTML)
9. Update on the Teachers Retirement Association funding proposal: HF3070 (Murphy, M.); SF2521 (Pappas) - no action
   
   • Staff memo from the Feb. 3-4 meeting (PDF / HTML)
10. Update on the St. Paul Teachers Retirement Fund Association funding proposal: HF3085 (Albright); SF2724 (Pappas) - no action
    • Staff memo (PDF / HTML)
11. Other items as designated by the Commission chair.
     

Removed from the agenda

• HFxxxx; SFxxxx (LCPR16-030 PDF / HTML): MSRS-Correctional; Transfer of prior MSRS-General service credit and retirement annuity adjustment for certain Department of Corrections retiree.