Meeting Agenda: December 12, 2019
Public Employees Retirement Association
Board of Trustees Meeting
AGENDA
Thursday, December 12, 2019
9:30 a.m.
Retirement Systems of Minnesota Building – Board Room 117
60 Empire Drive, St. Paul, MN 55103
1. Call to Order and Approval of Agenda (Action Required)
2. Approval of Consent Calendar (Action Required)
a. October 10, 2019, Regular Board Meeting Minutes
b. Operational Report: Education, Payments, and Membership Counts
c. Financial Report (Statement of Fiduciary Net Position as of October 31, 2019, unaudited; Statement of Changes in Fiduciary Net Position as of October 31, 2019, unaudited)
d. Summary of 2018 and 2019 Actuarial Valuation Results
3. Appeal In the Matter of Charles Young’s Petition to Modify His Benefit Selection (Decision Item)
Note: This case may contain privileged medical data, which should not be discussed in substance unless the Board meeting is closed. If there is discussion of medical records, the meeting will be closed as required by Minnesota Statutes, section 13D.05, subd. 2(a)(4).
4. Renville County Hospital Privatization Report Acceptance (Decision Item)
5. PERA’s Funding Values (Decision Item)
6. SBI Proposed Statutory Amendment (Informational Item)
7. 2020 Legislative Agenda (Decision Item)
8. Trustee and Staff Updates from Continuing Education Opportunities (Informational Item)
9. Other Business
a. 2019 Recognition of Administration Award (Informational Item)
b. Board Recognition for Retiring PERA Board Trustee – Larry Ward (Decision Item)
10. Performance Evaluation for Executive Director Doug Anderson (Decision Item)
Note: The meeting may be closed as permitted by Minnesota Statutes, section 13D.05, subdivision 3(a), to evaluate the performance of PERA’s Executive Director Douglas Anderson.