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Committee adopts September agenda; schedules actuarial, DRS and SIB updates

July 15, 2025 | Select Committee on Pension Policy, Joint, Work Groups & Task Forces, Legislative Sessions, Washington


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Committee adopts September agenda; schedules actuarial, DRS and SIB updates
The Select Committee on Pension Policy executive committee reviewed and adopted its September agenda, and staff outlined a multi‑month interim work plan that schedules major briefings and possible outside counsel appearances.

Melinda Oslocks, staff to the committee, told members that September is already “absolutely packed” and listed the two actuarial briefings, a deeper LEFT‑1 study update (including feedback from entities named in the proviso), and a recap on PERS and TERS Plan 1 COLAs. Committee members added a placeholder to request Ice Miller attend in October, with staff noting Ice Miller has offered to appear and will also provide a written response in advance.

Looking beyond September, the committee scheduled an annual update from the Department of Retirement Systems in October, a State Investment Board annual visit in November, and a final LEFT‑1 study update in November. Members also placed a possible December educational presentation on excess compensation and asked staff to add an informational briefing on the so‑called “month of death” death‑benefit discussion to the November agenda if updated numbers are available.

The committee formally adopted the September agenda by voice vote; minutes and the agenda adoption are recorded in the meeting transcript. Members were reminded that some items (for example, Ice Miller briefings) may arrive in draft form first and be followed by updated drafts, and staff said it will manage time at future meetings so presentations cover new material rather than re‑tread previously covered information.

No policy votes were taken on substantive pension changes during the adoption of the agenda; the items are scheduled for future meetings where the committee may request additional analysis or take formal action.

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