Phased Retirement Task Force Meeting (September 2025)

Board of Regents Task Force on Optional Retirement Plans · September 30, 2025

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1:43:12

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40:00

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1:20:00

1:40:00

Opening and roll call

Announcement

0:08 → 1:48(1m 40s)

Chair (unnamed) called the meeting to order a few minutes late and conducted roll call; multiple Regents and system representatives noted present or joining by Zoom (includes Dr. Fuller, Eddie Mesh, Dr. O'Rourke, Dr. Cassidy, Trey Roche, Dr. Tyrone, Dawn Harris, Beth Alford, Gina Dusett, Dr. McLean, Dr. Gladden, Kenny Herbel, Nikki Norton).

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Task force heard presentations from optional retirement plan vendors (TIAA, Voya, CoreBridge) on phased retirement, lifetime income and plan design; discussed a recommended increase in employer ORP contribution from 6.2% to 8% and possible funding from a proposed constitutional amendment/UAL retention; approved minutes and set next meetings Oct. 15 and Nov. 12.

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Transcript

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