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Government Operations

SECOND MEETING

2013-2014 Regular Session - Wednesday, January 16, 2013

STATE OF MINNESOTA SECOND MEETING
HOUSE OF REPRESENTATIVES EIGHTY-EIGHTH SESSION

COMMITTEE ON GOVERNMENT OPERATIONS
Chair, Representative Michael V. Nelson

MINUTES

Representative Nelson, Chair of Committee on Government Operations, called the meeting to order at 10:03 on January 16, 2013 in Room B of the State Office Building.

The Committee Legislative Assistant noted the roll.

Members present:
Nelson, Chair
Freiberg, Vice Chair
Peppin, Lead
Dill
Drazkowski
Falk
Hansen
O'Driscoll
Pugh
Quam
Sanders
Ward, JoAnn
Winkler

Members excused: Dorholt, Kahn

A quorum was present.

Representative Quam moved approval of the minutes from January 15, 2013. THE MOTION PREVAILED AND THE MINUTES WERE APPROVED.

The committee heard a presentation on the state investment board.

Testifying:
Howard Bicker, Director of the Minnesota State Board of Investment

The committee heard a presentation on statewide pension funds.

Testifying:
David Bergstrom, Executive Director of the Minnesota State Retirement System
Mary Vanek, Executive Director of the Public Employees Retirement Association
Laurie Hacking, Executive Director of the Teachers Retirement Association

The committee heard a presentation on the Saint Paul Teachers Retirement Fund.

Testifying:
Paul Doane, Executive Director of the Saint Paul Teachers Retirement Fund.

The meeting was adjourned at 11:39.




___________________________
Representative Michael V. Nelson, Chair



_________________________________________
Tim Gabhart, Committee Legislative Assistant
More Info On This Meeting..

Overview of statewide pension funds
Overview of Saint Paul Teachers Retirement Fund