1/27/2026 - Interim Retirement and Benefits Committee
Interim Retirement and Benefits Committee · January 13, 2026
The Interim Retirement and Benefits Committee reviewed actuarial valuations for PERS, JRS and LRS and received a clean actuarial audit from Milliman. Public commenters and PEP staff warned of a growing fiscal shortfall in the Public Employees Benefits Program (PEP) and discussed plan-design scenarios, reserve depletion and potential need for legislative action for FY27.
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