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Trustee: policy committee considered changes for members who missed required contributions
Summary
At a Feb. 18 policy-committee meeting discussed at the Feb. 26 board meeting, trustees considered a proposal to codify relief for members who did not make all required contributions and thus lack benefit access; the measure did not leave committee with a favorable recommendation and no board action was taken.
Trustee Chelsea Clark reported that the policy committee met Feb. 18 to consider “codify[ing] a solution to address a problem that's occurring with certain retirees,” specifically cases where members who did not make all required contributions over their working lives lose access to benefits. Clark said the committee discussed options but did…
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