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Task force recommends ORP advisory board to give non‑TRSL members a formal voice

HR 169 Task Force · December 6, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The HR 169 Task Force proposed creating an ORP advisory board to provide a formal comment channel for ORP participants, with options for system representation, eligibility requirements, and an eventual push for a voting seat on the TRSL board (which would require a statutory change).

The HR 169 Task Force on Dec. 5 recommended creating an advisory board to represent Optional Retirement Plan (ORP) participants and provide an official comment period to the Teachers’ Retirement System (TRSL).

Task force members described the advisory board as a first step to address long‑standing representation gaps for ORP participants, who the group estimated number more than 6,000. Discussion focused on a compact, representative body—members proposed caps ranging from about five up to roughly 10 seats—with representation…

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