Action Items

---

1. Approval of meeting minutes
   • May 4, 2023, October 30, 2023, and January 11, 2024, Commission meetings
   • January 8, 2024, Executive Committee meeting
2. Designation of member of the Secure Choice board of directors to convene the first meeting
   • Motion LCPR24-M1

Informational Items

---

3. Presentation by the Commission actuary, VIA Actuarial Solutions - VIA Presentation
   • Review of July 1, 2023, pension plan actuarial valuations and 2018-2022 experience studies
   • Recently effective Actuarial Standard of Practice No. 4
   • Overview of amortization and layered amortization
     • Mark W. Schulte, FSA, EA, MAAA, President and Consulting Actuary
     • Emily M. Knutson, FSA, EA, MAAA, Consulting Actuary
   • Submitted Testimony:
     • Mark Haveman, Executive Director, Minnesota Center for Fiscal Excellence (cover letter and "Observations on the State of State Pensions," combined into one document)
4. Presentation by the St. Paul Teachers Retirement Fund Association (SPTRFA) - SPTRFA Presentation
   • Phill Tencick, Executive Director/CIO
5. Presentation by the Minnesota State Retirement System (MSRS) - MSRS Presentation
   • Erin Leonard, Executive Director
6. Presentation by the Public Employees Retirement Association (PERA) - PERA Presentation
   • Doug Anderson, Executive Director
7. Presentation by the Teachers Retirement Association (TRA) - TRA Presentation
   • Jay Stoffel, Executive Director
   • Holly Dayton, Legislative Liaison
   • Submitted testimony related to TRA and teacher pensions:
     • Jason Savage, Pillager Public Schools principal
     • Robert Laine, Lake of the Woods High School Career and Technical Education teacher
     • Paul Peterson, International Falls special education teacher
     • Dave Ostergaard, Tier II teacher
     • Ann Millan, Robbinsdale Spanish Immersion School 5th grade teacher
     • Diana Regis, Lakeville School District Tier II teacher
     • Elizabeth Martin-Baxter, Wyoming Elementary media innovation & art specialist
     • Greg Hygrell, Greg Hygrell, ISD #877 Buffalo-Hanover-Montrose Tier II science teacher
     • Jennifer Demars, Jennifer DeMars, Fridley Public Schools Tier II teacher
     • Julie Martzke, ISD #196 Rosemount-Apple Valley-Eagan school psychologist
     • Robin and Pete Kautto, Staples-Motley teachers
     • Jon DeMars, Mounds View Schools teacher
     • Lisa Ruehling, Jordan Schools math specialist
     • Maggie Temple, Hopkins High School teacher
     • Jeff Soma, Mankato Area Public Schools 5th grade teacher
     • JoAnn Orpen, Battle Lake band director and 4-8th grade general music teacher
     • Daniel Moddes, teacher
     • Sara Dahl-Wyland, Bloomington Public Schools high school teacher
     • Dave Christensen, Pequot Lakes High School English/Spanish teacher
     • Sean Bengtson, Pequot Lakes Middle School 6th grade social studies teacher
     • Tatiana O'Donnell, Robbinsdale Spanish Immersion School teacher
     • Holly Paschke, Clover Ridge Elementary School speech/language pathologist
     • Michelle Kilroy, Cloquet Public Schools elementary school teacher
     • Elizabeth Osborne, Robbinsdale Area Schools, 2nd grade teacher
     • Todd Richter, Roseville Area Middle School counselor
     • Reid Bordson-Nolle, teacher
     • Mollie H. Olson, Minneapolis Roosevelt High School English/language arts teacher
     • William R. Schultz, PEM High School Tier II teacher
     • Amy Allram, Taylors Falls Elementary physical education specialist
     • Katie Dickerson, teacher
     • Steve Bliven, Stillwater Area Schools 5th grade teacher
     • Vickie Penick, teacher
     • Lora Larson, teacher
     • Krista Ice, Wayzata School District 3rd grade teacher
     • Lisa Jepson, Moorhead Area Public Schools high school math teacher
     • Lisa Yoerg, ISD #47 Sauk Rapids-Rice School District 1st grade teacher
     • Luis Millan, Edina High School teacher
     • Jim Olson, ISD #709 Duluth Public Schools teacher
     • Karl Kaufmann, Retired Tier II teacher
     • Melinda Wetteland, St. Francis Area Schools teacher
     • Susan Nelson, ISD #728 Elk River-Otsego-Rogers-Zimmerman teacher
     • Steve Clouse, ISD #319 Nashwauk-Keewatin Career and Technical Education teacher
     • Stacy Bartlett, high school biology teacher
     • Tim Nelson, ISD #728 Elk River-Otsego-Rogers-Zimmerman teacher

---

PUBLIC VIEWING INFORMATION: This meeting may be viewed live on the House HTV2 webcast channel.

WRITTEN TESTIMONY: To submit written testimony on an agenda item, please submit documents to the Commission staff (lisa.diesslin@lcpr.mn.gov) by 12:00 noon on Thursday, February 8.

ACCESSIBILITY/ACCOMMODATION: To comment on digital accessibility to meeting information, please submit comments using the Accessibility Comment Form. To request an accommodation, please visit FAQs for Disability Access or contact the LCC Accessibility Coordinator at accessibility.coordinator@lcc.mn.gov.

MEETING DOCUMENTS are also posted on the Commission website (www.lcpr.mn.gov) as soon as they are available.

For more agenda information, click here

THE HOUSE MEETS IN SESSION

Calendar for the Day
House Floor Amendments
Order of Business

HF2757 (Gomez) 2023 Tax Bill Technical Corrections Bill/DE3 Amendment

Materials will be posted to the Committee website when they are available.

Public testifiers should email their full name, organization (if applicable), preferred title testify to the Committee Administrator (Patrick.McQuillan@house.mn.gov) by 3 PM on Sunday, February 11th. Testimony will be limited to two minutes per testifier. Materials to be distributed to the Committee members are also due by 3 PM on Sunday, February 11th to the Committee Administrator (Patrick.McQuillan@house.mn.gov) and the Committee Legislative Assistant Lauren Sabes (Lauren.Sabes@house.mn.gov). Please note: submitted written testimony is public and will be included in the official committee record. It may be posted to the committee webpage if received by deadline.

For further information on accommodations, please visit FAQs for Disability Access or contact the LCC Accessibility Coordinator at accessibility.coordinator@lcc.mn.gov
o If you are having accessibility or usability problems with any Minnesota Legislative website or software, please send your comments to the Accessibility & Usability Comment Form
o To request legislative services for American Sign Language (ASL), Communication Access Realtime Translation (CART) closed captioning services, or live language interpretation services for Hmong, Somali, or Spanish speakers to testify, please contact the Committee Administrator as soon as possible.

HF3489 (Rep. Frazier) - A bill for an act relating to education; providing for public safety; modifying the grounds for the use of reasonable force in schools; defining duties and establishing minimum training requirements for school resource officers; requiring development of a school resource officer model policy; appropriating money.

Notes:
AMENDMENTS: Amendments must be emailed to the committee administrator by 4pm Friday, February 9th.

HANDOUTS: Handouts MUST BE IN PDF FORMAT and emailed to the committee administrator before 12p.m. (noon), Friday, February 9th. If you are bringing hard copies to the committee, please bring 40 copies and check-in with the committee administrator before distribution.

TESTIFYING: The number of testifiers and length of time permitted is at the discretion of the chair, and is subject to change. Remote testimony is available upon request. Written testimony is encouraged and is accounted as official committee record - to be distributed to committee members and public. If you would like to testify or submit written testimony (PDF format), please email the committee administrator before 12 p.m. (noon), Friday, February 9th.

To learn more about requesting an accommodation, please visit the FAQs for Disability Access. If you have further questions on accommodations or accessibility, please contact the Committee Administrator.

This hearing may be viewed on the House webcast schedule page . All video events are closed captioned with automatically generated captions.

For any other questions or concerns, please reach out to the Committee Administrator at wilson.lee@house.mn.gov or 651-296-1913.