Legislative Commission on Pensions and Retirement Sept. 20 Meeting Scheduled

Legislative Commission on Pensions and Retirement
Wednesday, September 20, 2017
2 PM
Room: G-15 Capitol
Chair: Sen. Julie A. Rosen

10,000 Membership Club – October 2016

Your TRA/PERA defined benefit pension plan is at risk and will be under serious attack in the 2017 MN legislature.

Legislative Input Invitation – July 2016

The Situation of our Pension Preservation Mission has changed. The Experience Study that was described by my colleague, Henry Carbone, has changed the view of our Pension Sustainability. Legislation that was proposed and before the Legislative Pension and Retirement Commission (LPRC) was not passed as a bill . . . Instead . . . It was passed in Part . . . as an initiative that required only sacrifice by US . . . the Retirees.

Pension Alert – June 2016

The Situation of our Pension Preservation Mission has changed. The Experience Study that was described by my colleague, Henry Carbone, has changed the view of our Pension Sustainability. Legislation that was proposed and before the Legislative Pension and Retirement Commission (LPRC) was not passed as a bill . . . Instead . . . It was passed in Part . . . as an initiative that required only sacrifice by US . . . the Retirees. Fortunately, the Governor decided to line item veto that provision as being “Unfair”.

Pension Alert – May 2016

A retired teacher of 34 years, I became a Legislative co-Chair for the Retired Educators Association of Minnesota (REAM) in the summer of 2011. Since then, I have actively attended Teacher Retirement Association (TRA) Board and Investment Advisory Council (IAC) meetings, as well as hearings conducted by the Legislative Commission on Pensions and Retirement (LCPR). That comes to 20+ meetings a year covering pension issues, and I live 100 miles south of St. Paul.

Pension Alert – May 2016

The truth about Minnesota pensions. Fiscal responsibility means regular course-corrections are a normal and necessary part of doing business.

Pension Alert – May 2016

Mark believes “there’s not enough money to meet our obligations with a market miracle and more.”

Pension Alert – April 2016

LCPR (Legislative Commission on Pensions & Retirement) will meet on Tuesday, April 12 at 5:30 p.m. to discuss the TRA Sustainability Bill. The meeting will be in the State Office Building. If the legislature does not act on this bill in 2016, it will cost TRA $106.5 million.