PEBP Board Meeting - March 19, 2026

Public Employees Benefits Program Board Meeting · March 19, 2026

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Call to order and roll call

Call_to_order

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Chair Jim Wells called the meeting to order at 9:00 a.m.; roll call confirmed a quorum (Jim Wells, Jennifer McClendon, Laura Rich, Jim Barnes, Blaine Harper, Chris Vaton, Ko Duncan, Tom Zumptail).

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The Public Employees Benefits Program Board met March 19, 2026 in Carson City to hear public comment and consider plan-year 2027 rate proposals after staff and actuaries described budget shortfalls and modeling errors; after hours of testimony the board approved a phased rate adjustment package with a split phase-in by plan and approved limited use of reserve accounts to offset near-term impacts.

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Transcript

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