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Proposed date: Thursday, February, 14th 2008 Latest Update: Sunday, September, 28th 2008
3E Relating to retirement; ARTICLE 1 - POSTRETIREMENT PROVISIONS Requiring the state board of investment to annually determine a composite funded ratio for state pension assets, modifying the postretirement adjustment calculation, requiring the board to determine fund total fair market value, limiting the postretirement adjustment percentage, providing a lost purchasing power increase for the Minnesota postretirement investment fund and specifying conditions, requiring a legislative report under condition of excess assets ARTICLE 2 - MINNESOTA POSTRETIREMENT INVESTMENT FUND DISSOLUTION Modifying the procedures used by the state board of investment to determine postretirement adjustments for the Minneapolis employees retirement fund; providing for Minnesota postretirement investment fund dissolution according to a transition schedule, providing for postretirement adjustments, requiring a show full description
Latest Actions
- 05/13/2008 - HF substituted by motion [HF3082]
- 05/12/2008 - Special Order: Amended
- 05/12/2008 - Third reading Passed
- 05/12/2008 - Laid on table
- 05/08/2008 - Committee report: To pass as amended
show all actions- 05/13/2008 - HF substituted by motion [HF3082]
- 05/12/2008 - Special Order: Amended
- 05/12/2008 - Third reading Passed
- 05/12/2008 - Laid on table
- 05/08/2008 - Committee report: To pass as amended
- 05/08/2008 - Second reading
- 05/01/2008 - Comm rpt: To pass as amend & re-ref to Finance
- 05/01/2008 - Jt. rule 2.03, referred to Rules and Administration
- 05/01/2008 - Comm rpt: Adopt previous comm report
- 02/20/2008 - Author added Rummel
- 02/18/2008 - Introduction and first reading
- 02/18/2008 - Referred to State and Local Government Operations and Oversight
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