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Government Operations and Elections

SECOND MEETING

2011-2012 Regular Session - Tuesday, January 18, 2011

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

GOVERNMENT OPERATIONS AND ELECTIONS

MINUTES

Representative Peppin, Chair of the Government Operations and Elections Committee, called the meeting to order at 10:20 a.m. on Tuesday, January 18, 2010, in Room 5 of the State Office Building.

The Committee Legislative Assistant noted the roll.

Members present:

PEPPIN, Joyce, Chair
MURRAY, Rich, Vice Chair
BEARD, Mike
GREENE, Marion
HANCOCK, David
HORNSTEIN, Frank
MCFARLANE, Carol
NELSON, Michael
O'DRISCOLL, Tim
QUAM, Duane
SANDERS, Tim
SCALZE, Bev
SIMON, Steve
URDAHL, Dean
WINKLER, Ryan

No members were excused.

A quorum was present.

The committee heard an informational overview and update on public sector pensions.

Testifying:
Lawrence Martin, Executive Director, Legislative Commission on Pensions and Retirement
Edward Burek, Deputy Director, Legislative Commission on Pensions and Retirement
Howard Bicker, Executive Director, Minnesota State Board of Investment
Dave Bergstrom, Executive Director, Minnesota State Retirement System (MSRS)
Mary Vanek, Executive Director, Public Employees Retirement Association (PERA)
Laurie Hacking, Executive Director, Teachers Retirement Association (TRA)
The meeting was adjourned at 12:01 p.m.




____________________________________
REP. JOYCE PEPPIN, CHAIR



____________________________________
Ryan Hamilton
Committee Legislative Assistant
More Info On This Meeting..

Public sector pension informational overview and update:
Lawrence Martin, executive director of Legislative Commission on Pensions and Retirement;
Edward Burek, deputy director of Legislative Commission on Pensions and Retirement;
Mary Vanek, executive director of Public Employees Retirement Association (PERA);
Dave Bergstrom, executive director of Minnesota State Retirement System (MSRS);
Laurie Hacking, executive director of Teachers Retirement Association (TRA); and
Howard Bicker, executive director of Minnesota State Board of Investment