727F9FC016636BDA872588860059E622 Hearing Summary CLICS/CLICS2022A/commsumm.nsf PUBLICBILL SUMMARY For SUBCOMMITTEE DISCUSSION OF PERAINTERIM COMMITTEE PENSION REVIEW SUBCOMMITTEEDate Jul 21, 2022 Location HCR 0112 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.