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Showing posts from December, 2024

PERA Board votes against CO seat-arguments. What's next and options

  On December 12, 2024 the PERA Executive Board voted unanimously not to  support legislation to add a Correctional Officer seat to the PERA Board. This is disappointing but will not dissuade MNCORA from again seeking a Bill with the Legislature. I would like to counter some of the PERA Boards arguments. At the planning meeting and in PERA's letter they argued that adding a seat would make the number on the Board even. So, we revised our proposal to add an additional Retiree seat. After all retirees are almost 30% of PERA membership and Retirees have only one member elected seat. In their letter they state, “ The current makeup of the board is 6 member positions to 3 employer positions, adding additional board members representing member groups would weigh the board’s makeup further towards the membership .” Not exactly true. It’s an 11 person board. Source PERA 2023 PFAR The 11 person Board is made up of 5 seats that are appointed by the Governor and one more is th...

PERA's position opposing CO seat on board

On December 12 PERA will consider MNCORA's proposal to support legislation adding a CO to the PERA Board. This is the link to PERA's position after the October planning meeting (which MNCORA attended). Their position in this letter is opposing adding a CO. https://mnpera.org/wp-content/uploads/TAB-F-2025-Stakeholder-Agenda-Final.pdf Again we encourage you to email these PERA Board members and ask them to support a CO on the PERA Board. We added a comma after each address so you can cut and paste into your email address. Thomas.Stanley@mnpera.org , dennis.flaherty@mnpera.org , Julie.Blaha@osa.state.mn.us , Paul.Bourgeois@mnpera.org , Mary.Falk@mnpera.org , Paul.Ford@mnpera.org , Kathy.Green@mnpera.org , Barb.Johnson@mnpera.org , jeni.konigsburg@mnpera.org , scott.schulte@mnpera.org , thomas.thornberg@mnpera.org , doug.anderson@mnpera.org

Action required! Email PERA Board before December 12th

This Thursday December 12th the PERA Board is meeting and voting on Legislative initiatives they will be supporting or not.   Last session we had a bill to add a Correctional Officer seat to the PERA Board and they voted to 'take no action' but discuss it at the next planning meeting. That was last October and the Board was mostly against it. See this post in our MNCORA Blog.  https://mncoretirementassociation.blogspot.com/2024/10/pera-meeting-and-planning-meeting-update.html This Thursday they vote. While the bill will be coming from the Legislature the Pension Commission very much considers PERA's position on it. It is to our advantage to get the Board to support our bill for a Correctional Officer on the board.  Please, please take a minute to email them and tell them very simply you are a PERA member of the Correctional Plan and you want them to support a Correctional Seat on the Board.   This is what MNCORA wrote to the Board before the planning meet...