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Legislative Commission on Pensions and Retirement

Monday, March 6, 2023 - 8:31 AM

00:36 - Public testimony on benefit improvements for teachers. 09:55 - Governor's budget for public pensions. 16:11 - Benefit changes and funding proposals. 47:21 - Public testimony on the pension fund benefit changes and funding proposals. 1:14:30 - HF2222 (Wolgamott); SF1938 (Frentz) Teacher Retirement Association and Saint Paul Teacher Retirement Fund Association; unreduced retirement provided at age 62 or with 35 years of service, deferred annuities augmentation restored for teachers, additional service credit provided for school employees, postretirement adjustments modified to tie increases to inflation, employer contributions increased, pension adjustment revenue increased for school districts, and money appropriated (Education Minnesota proposal). Runs 1 hour, 31 minutes.