I_PensionRevewSubComm_2019A 08/12/2019 09:03:16 AM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGINTERIM COMMITTEE PENSION REVIEW SUBCOMMITTEE Date 08/12/2019 Attendance Gary Arnold X Jack Blumenthal X Michael Johnson X Jim Mantele X Carole Partin X Trey Rogers E Joshua Sharf X Lang Sias X Amy Slothower X Tate X Ben Valore-Caplan E Van Winkle E Ginal E Bird X X = Present, E = Excused, A = Absent, * = Present after roll call Time 09:03:16 AM to 10:26:33 AM Place HCR 0112 This Meeting was called to order by Representative Bird This Report was prepared by Vanessa Reilly Hearing Items Action Taken hReview Committee Procedures Committee Discussion Only hDiscuss Independent Review of PERA and Request for Proposal Process Committee Discussion Only Review Committee Procedures - Committee Discussion Only Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/DB2924359C00...$File/19PensionReviewSub0812AttachA.pdf?OpenElement 19PensionReviewSub0812AttachA.pdf 09:03:47 AM Representative Bird explained the Chair Memo (Attachment A). 09:19:25 AM Committee members discussed potential recommendations to the Pension Review Commission. Discuss Independent Review of PERA and Request for Proposal Process - Committee Discussion Only 09:20:48 AM Dianne Ray, State Auditor, and Michelle Colin, representing the Office of the State Auditor (OSA), explained the request for proposal process. 09:43:18 AM Nicole Meyers, representing the Office of Legislative Legal Services, responded to committee members' questions regarding the content of the independent review. 09:44:16 AM Representative Bird discussed the possibility of the OSA drafting a request for proposal to circulate amongst the subcommittee members. 09:51:57 AM The committee discussed whether or not PERA's governance would be included in the independent review. 09:54:17 AM The committee took a brief recess. 10:10:01 AM The committee reconvened. 10:10:10 AM Representative Bird explained the content of the committee's future meetings and requested that the Office of the State Auditor return to outline a governance review at the committee's next meeting. 10:26:33 AM The committee adjourned.