Items on the agenda include:
SB 116-Theunissen-Authorizes the LASERS and Teachers' boards of trustees to grant a supplemental cost-of-living increase of 0.5 percent beginning July 1, 2007, from their respective experience accounts for a maximum of 3.0 percent which would otherwise be limited to 2.5 percent.SB 127-Boasso- Constitutional amendment to require increases in benefits for state retirement systems to also provide a funding source.
HB 788-Doerge- Allows certain participants in the Deferred Retirement Option Plan to rescind participation in the plan and regain membership in LASERS.