MEETING: | Legislative Commission on Pensions and Retirement |
PLACE: | Room 112 Capitol |
DATE: | March 5, 2014 | TIME: | 5:30PM |
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 Amendments: S0713-1A (incorp. 1.4 delete "2017" and insert "2019") - Passed; S0713-2A - Passed; S0713-3A - Withdrawn |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.