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Big Changes

Big changes are taking place. Doug Anderson has retired as the PERA Executive Director and Amy Strenge will now hold that position. Susan Lenczewski is retiring from her position as Executive Director of the LCPR. MNCORA enjoyed a good working relationship with both of these individuals and hopes that will continue with their successors. Elections are on the horizon and the new Legislature will hold the cards for our PERA Correctional Plan and our efforts to get a seat on the PERA Board.  As you vote keep in mind those who have authored and supported the Bill to get a CO seat on that board. Those names can be found here . Yes we will be trying again this session! In the mean time there is a MNCORA member running for the Retiree seat. Announcement coming soon!! Change is inevitable. We're hoping these changes are for the good
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Remember those who supported MNCORA

  These are the Legislators who supported MNCORA and authored our Pension Bill. Bill Authors Rep. Peggy Scott, Rep. Harry Niska, Senator Cal Bahr and Senator Jim Abeler. REMEMBER THEM COME THE FALL ELECTIONS. The Bill never made the Omnibus Bill and they will support us next session.

Happy Labor Day

 

PERA Press release Doug Anderson Retirement

  We wish Doug Anderson the best of luck on his retirement. He was always available and helpful to MNCORA and will be missed. We look forward to working with Amy Strenge and hope the good relationship with the PERA Executive continues.

Important PERA updates

I attended the August 13 PERA Board meeting remotely today. There are several important things that came from todays meeting. Executive Director Doug Anderson's replacement has been chosen it's Amy Strenge who has been their Legislative policy coordinator. Doug will be gradually phased out departing this coming November. MNCORA had a very good working relationship with Doug and we hope that continues with the new Executive Director. Of concern - A $4.4 million error was made in PERA's annual financial report. They failed to count $4.4 million in employee fringe benefits! On page 1 of the PERA Administrative Expense History it states:  This is in addition to the $16 million dollar discrepancy  found by the Office of the Legislative Auditor earlier this year. Also the PERA Board decided to create an Assistant Executive Director position. This will pay $160,734 a year, Beginning tomorrow that role will be filled by Amy Strenge until she assumes Doug's position in Novem...

PERA Fund status update

 

Happy 4th of July!