BCE807545BC3CC708725888D00582029 Hearing Summary CLICS/CLICS2022A/commsumm.nsf PUBLICBILL SUMMARY For PRESENTATION FROM PERA ON DIRECT DISTRIBUTIONINTERIM COMMITTEE PENSION REVIEW SUBCOMMITTEEDate Jul 28, 2022 Location HCR 0112 Presentation from PERA on Direct Distribution - Committee Discussion Only 10:02:37 AM Ron Baker, Executive Director, PERA, presented regarding direct distributions from the state budget and the impact to PERA. Mr. Baker provided an update on PERA's unfunded liability. Mr. Baker and Ms. Smart responded to committee questions. 10:21:05 AM The committee recessed.