|
PUBLIC
STAFF SUMMARY OF MEETING
INTERIM COMMITTEE PENSION REVIEW SUBCOMMITTEE
| Date |
07/21/2022 |
| Attendance |
| Gary Arnold |
E |
| Michael Johnson |
X |
| Jim Mantele |
X |
| Carole Partin |
X |
| Priola |
E |
| Trey Rogers |
X |
| Patrick Roybal |
X |
| Joshua Sharf |
X |
| Lang Sias |
X |
| Jack Tate |
X |
| Will |
X |
| Earl Wright |
X |
| Bird |
X |
| Kolker |
X |
|
| Time |
10:07:28 AM to 11:14:46 AM |
| Place |
HCR 0112 |
| This Meeting was called to order by |
Kolker |
| This Report was prepared by |
Anne Wallace |
|
| Hearing Items |
Action Taken |
| hReview of Subcommittee Charge |
Committee Discussion Only |
| hSubcommittee Discussion of PERA |
Committee Discussion Only |
|
|
| 10:07:39 AM |
Senator Kolker, Chair,
called the meeting to order and gave opening remarks.
|
Review of Subcommittee Charge - Committee Discussion Only
|
|
|
10:08:10 AM |
Anne Wallace, Legislative
Council Staff, presented regarding the charge and requirements of the Pension
Review Subcommittee. Ms. Wallace and Senator Kolker responded to
committee questions.
|
Subcommittee Discussion of PERA - Committee Discussion Only
|
|
|
10:21:59 AM |
Committee members
discussed the Public Employees' Retirement Association (PERA). Members
discussed inflation's impact on PERA benefits and modeling those impacts,
PERA cost-of-living adjustments, and legislation and recommendations from
the Pension Review Subcommittee in 2021.
|
|
10:52:28 AM |
The committee continued
discussion of various aspects of PERA, including PERA health insurance
and the impact of House Bill 22-1029 on PERA's funding projections. Committee
discussion ensued regarding HB 22-1029.
|
|
11:13:28 AM |
The committee reviewed
their questions and comments for PERA's response. Senator Kolker discussed
the committee's meeting schedule and responded to questions about future
meetings.
|
| 11:14:46 AM |
The committee adjourned. |
