Legislative Commission on Pension and Retirement

Motion LCPR16-M2

________________________ moves that the Legislative Commission on Pensions and Retirement approve, under Minnesota Statutes, Section 356.215, Subdivision 18, the changes in the mortality assumptions to be used for future actuarial valuations as proposed by Gabriel, Roeder, Smith & Company on behalf of the Appleton Firefighters' Relief Association in its letter to the Commission dated February 8, 2016, including its recommendation that the mortality assumptions automatically change as necessary to remain the same as the mortality assumptions set forth in the most recent Public Employees Police and Fire Retirement Plan actuarial valuation report.