STATE OF MINNESOTA 24th MEETING
HOUSE OF REPRESENTATIVES EIGHTY-SIXTH SESSION
February 11, 2010
STATE & LOCAL GOVERNMENT OPERATIONS,
REFORM, TECHNOLOGY& ELECTIONS COMMITTEE
MINUTES
Representative Gene Pelowski, Chair of the State & Local Government Operations, Reform, Technology and Elections Committee, called the meeting to order at 8:30 A.M. on Thursday, February 11, 2010, in Room 200 of the State Office Building.
The Committee Legislative Assistant noted the roll.
Members present:
Pelowski, Chair
Poppe, Vice Chair
Anderson, P.
Buesgens
Emmer
Gottwalt
Hilty
Hornstein
Kahn
Kalin
Kiffmeyer
Lanning
Marquart
Morrow
Nelson
Simon
Sterner
Winkler
Members Absent: Sanders
A quorum was present.
Representative Poppe moved that the minutes of February 9, 2010, be approved. THE MOTION PREVAILED.
An overview was given on the financial status of the retirement systems of Minnesota and their various funding proposals.
Testifying:
Mary Vanek, Executive Director, Minnesota PERA
A handout titled, "Statewide Retirement Systems Funding Updates" was included in members’ packets.
Further testimony:
Howard Bicker, Director, Minnesota State Board of Investment
Dave Bergstrom, Executive Director, Minnesota State Retirement System
Luther Thompson, Assistant Director, Teachers Retirement Association
Rose Hermodson, Lobbyist, Committee of 13
Jan Alswager, Lobbyist, Education Minnesota
February 11, 2010
Page Two
The meeting was adjourned at 9:57 A.M.
_____________________________________
REP. GENE PELOWSKI, CHAIRMAN
_______________________________________
Kathy L. Anderson, Committee Legislative Assistant