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Capital IconMinnesota Legislature
Legislative Commission on Pensions and Retirement
2/14/2012 Agenda
MEETING:    Legislative Commission on Pensions and Retirement
PLACE:    Room 5 State Office Building
DATE: February 14, 2012
TIME: 5:00 p.m.

Agenda:


Materials

Action
1. Approval of prior Commission meeting minutes.
 		 1/31 Minutes Adopted
2. H.F. 1507 (Banaian); S.F. xxxx: Minnesota public pension plans; Interest rate actuarial assumption revisions.
 		 Staff memo Laid over for
possible omnibus
bill inclusion
 
3. H.F. 2168 (Lanning); S.F. xxxx: Minnesota public pension plans; Interest rate, salary scale, and payroll growth actuarial assumption revisions.
 		 Staff memo Laid over for
possible omnibus
bill inclusion
 
4. a.   H.F. 2179 (Kiffmeyer); S.F. xxxx: Minnesota public pension plans; MSRS-Unclassified program
       coverage required for overtime salary.
 
b.   Options relating to the potential establishment of a hybrid retirement plan.
 		 a. Staff memo
 
 
b. Staff memo		 Laid over for
possible omnibus
bill inclusion
 

Testifier handouts:
 MSRS Handout: Salary Growth Analysis
 PERA Handout: Salary Growth Analysis
 TRA Handout: Salary Growth Analysis
 MSRS/PERA/TRA Handout: Analysis of Pension Bill H.F. No. 2168
 K. Crockett Handout: Testimony Notes
 K. Crockett Handout: Pension/OPEB 2011 Assumption and Disclosure Survey, pwc
 K. Crockett Handout: 2011 State Pension Funding Review, Loop Capital Markets

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.