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MN HF2179

Bill

Status

Introduced

2/25/2014

Primary Sponsor

Mike Nelson

Click for details

Origin

House of Representatives

88th Legislature 2013-2014

AI Summary

  • Increases the Teachers Retirement Association board of trustees from eight to nine members by adding one additional elected retired member position
  • Changes the number of retirees elected to the board from one to two, while maintaining four elected active members and three appointed positions (commissioners of education and management and budget, and Minnesota School Boards Association representative)
  • Modifies election procedures so that in every odd-numbered year, two active members and one retiree are elected to four-year terms, with all elections to be completed by June 1
  • Requires retiree candidates to file with a petition of endorsement signed by at least ten retirees of the association
  • Becomes effective June 30, 2015, with the new retiree board position term beginning July 1, 2015

Legislative Description

Teachers Retirement Association board of trustees increased by adding an additional elected retired member.

Last Action

Introduction and first reading, referred to Government Operations

2/25/2014

Committee Referrals

Government Operations2/25/2014

Full Bill Text

No bill text available