Legislative Commission on Pensions and Retirement
Legislative Commission on Pensions and Retirement

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LCPR Updates


LCPR Executive Director publishes in The NAPPA Report, for October, 2017: Public Pension Plan Reforms and IRS Pick-Up Requirements

Pension letters on coin stacks

The federal law requirements that allow mandatory employee contributions to public pension plans may limit the alternatives available for increasing contributions and reforming pension benefits to reduce liabilities.

Ms. Lenczewski describes the requirements and their impact on reforms and suggests solutions.

Read full article...
 

 

Assessing the health of Minnesota's Pension Plans (Capitol Report)

The current chair of the LCPR, Senator Julie Rosen, R-Vernon Center, and a former chair, Senator Sandra Pappas, DFL-St. Paul, join Capitol Report moderator Shannon Loehrke to discuss the health of the state's pension plans, which provide pensions to state, county, municipal, school district, and other public employees.

Senator Julie Rosen

Interview with Senator Julie Rosen.
Watch video (YouTube)

 

 

Senator Sandra Pappas

Interview with Senator Sandra Pappas.
Watch video (YouTube)

 

 

 

 

Minnesota News


Moody's affirms credit rating for Minneapolis and revises outlook to negative due to "outsized and growing unfunded pension liabilities".

Moody's Logo

New York, November 13, 2017 -- Summary Rating Rationale

Moody's Investors Service affirms Minneapolis, MN's Aa1 general obligation unlimited tax (GOULT) rating. The city has $679 million of outstanding general obligation (GO) debt. The outlook has been revised to negative. Read full article...

National News


New Math Deals Minnesota’s Pensions the Biggest Hit in the U.S. (Bloomberg)

Pension Deficit Graph

Minnesota’s debt to its workers’ retirement system has soared by $33.4 billion, or $6,000 for every resident, courtesy of accounting rules. Read full article...
Links to MN Plans' GASB Reports


Contact Us


To request or discuss legislation and for answers to questions regarding the LCPR, pension and retirement plans for public employees, and retirement topics in general, contact the Commission at:

Location:    Room 55 State Office Building     
100 Rev. Dr. Martin Luther King Jr. Blvd.   
St. Paul, MN 55155
 

 View map
Phone:651-296-2750
Fax: 651-297-3697
E-mail:lcpr@lcpr.leg.mn
 
Members:Commission member contact information
 
Staff:Susan Lenczewski,
Executive Director
Rachel Barth,
Deputy Director
Lisa Diesslin,
Commission Assistant
651-296-1309651-296-7820651-296-6806
susan.lenczewski@lcpr.leg.mn    rachel.barth@lcpr.leg.mn    lisa.diesslin@lcpr.leg.mn
 


 

Legislative Calendar

Click on a date to see all House, Senate, and joint meetings for that day

Upcoming Meetings

Legislative Commission on Pensions and Retirement  ·  55 State Office Building, St. Paul, MN 55155   ·  lcpr@lcpr.leg.mn