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MN HF2179
Bill
Status
Introduced
2/25/2014
Primary Sponsor
Mike Nelson
Click for details
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