LEFT‑1 study continues; agencies provide mixed responses on merger and asset‑reversion bills
Committee staff reported a working draft of the LEFT‑1 study and summarized agency responses: Department of Retirement Systems, State Treasurer and State Investment Board submitted final comments; OAG/Ice Miller and OSA responses are pending. Agencies warned of administrative and legal complexities for bills to merge or restate LEFT‑1 assets.
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Committee staff summarized progress on the ongoing study of the Law Enforcement and Fire Fighters Plan 1 (LE F‑1). Staff said a working draft of the study is available to members but that the office is waiting for additional agency analysis before issuing a final draft.
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