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Pension Commission Meeting Archives

Pension Commission Meeting Archives

2019 Meetings

Note: Meeting minutes are not posted until approved by the Commission
Date/Time Location Agenda and Meeting Materials Audio and Minutes
December 18, 2019
5:00 PM
Room 10
State Office Building
Agenda, Materials & Action
  • Approval of May 23, 2019, meeting minutes.
  • Appointment of the Commission's new actuary.
  • Update on actuarial valuations, experience studies, and legislative proposals from the pension funds (MSRS, PERA & TRA).
  • Update on interim projects.
Audio
Minutes
May 23, 2019
5:00 PM
Room 10
State Office Building
Agenda, Materials & Action
  • Approval of April 2, 2019, meeting minutes.
  • Motion LCPR19-M1: Approval of the Appendix for the LCPR Standards for Actuarial Work.
  • LCPR19-035: Pension Bill Draft.
Audio
Minutes
April 2, 2019
5:00 PM
Room G-3
State Capitol
Agenda, Materials & Action
  • HF 2683 (Murphy, by request); SF xxxx: MnState; Eliminating the expiration of an early retirement incentive; making nonsubstantive style and form changes.
  • 2019 Omnibus Bill: Delete-all amendment H2632-1A to HF2632 (Murphy); SF 2583 (Rosen).
Audio
Minutes
March 26, 2019
5:00 PM
Room G-3
State Capitol
Agenda, Materials & Action
  • HF 2512 (Long); SF 2515 (Dziedzic): PERA; Revising the employer supplemental and state contributions to PERA related to the former MERF Division.
  • HF 2387 (Murphy, by request); SF 2488 (Rosen): PERA; Extending the 1997 state aid to local governments to fund increased employer contributions to PERA
  • HF 2631 (Nelson); SF 2621 (Senjem): Local government supplemental plan contribution restriction exemption for union building trades personnel.
  • Overview of the Individual Retirement Account Plan (IRAP), TRA coverage election, and Supplemental Retirement Plan.
  • HF 2683 (Murphy, by request); SF xxxx: MnState; Eliminating the expiration of an early retirement incentive; making nonsubstantive style and form changes.
  • HF 2489 (Murphy, by request); SF xxxx: MnState IRAP; Employee contribution rate increase.
  • HF 2671 (Nelson); SF 243 (Frentz): MnState IRAP; Employer contribution rate increase.
Audio
Minutes
March 19, 2019
5:00 PM
Room G-3
State Capitol
Agenda, Materials & Action
  • HF 2373 (Murphy, by request): State Auditor's Volunteer Fire Relief Association Working Group bill.
  • LCPR19-030: Fire State Aid Work Group bill.
  • HF 2310 (Sundin); SF 2366 (Rarick): PERA Statewide Volunteer Fire Plan; Authorizing the termination of plan participation and coverage; distribution of benefits.
  • Revisor # 19-4692: PERA Phased Retirement Program; Eliminate sunset and annual renewal requirement.
  • HF 2598 (Freiberg); SF 2490 (Jasinski): PERA; Revising the City of Minneapolis municipal contribution related to the former Minneapolis firefighters and police relief associations.
  • HF 549 (Dettmer); SF 1444 (Anderson, B.): PERA; Military service credit purchase provisions.
  • Revisor #19-4622: MSRS administrative bill.
  • SBI's approach to environmental, social, and governance (ESG) policy, including climate change investment risk and other topics.
  • HF 2329 (Long); SF 2276 (Pappas): State Board of Investment; Mandating a report on the risks posed by fossil fuel investments.
  • HF 2294 (Long); SF 2277 (Pappas): Requiring the State Board of Investment to divest fossil fuel investments.
Audio
Minutes
March 12, 2019
5:00 PM
Room G-3
State Capitol
Agenda, Materials & Action
  • Report of the Fire State Aid Work Group.
  • HF 483 (Poppe); SF 570 (Sparks): Extending the alternative allocation of fire state aid for the City of Austin.
  • HF 2373 (Murphy, by request): State Auditor's Volunteer Fire Relief Association Working Group bill.
  • Report of the Work Group on Relief Association Conversions and Dissolutions.
Audio
Minutes
March 5, 2019
5:00 PM
Room G-3
State Capitol
Agenda, Materials & Action
  • Presentation by the retirement system administrators.
  • Presentation by Minnesota Management & Budget Commissioner Myron Frans
  • Presentation by State Board of Investment Executive Director Mansco Perry
Audio
Minutes
February 26, 2019
5:00 PM
Room G-3
State Capitol
Agenda, Materials & Action
  • Election of 2019-2020 Commission Officers
  • Discussion of 2019 priorities.
Audio
Minutes