TRSL & ORP Task Force Meeting (December 2024)

ORP Task Force (Board of Regents) · December 19, 2024

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52:40

Call to order and meeting opening

Presentation

0:02 → 0:53(51s)

The Chair opened the ORP task force meeting and asked Elizabeth to call the roll; members were present and the group moved quickly into business. The draft minutes had been emailed in advance.

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ORP Task Force of the Board of Regents met to review and vote to include a package of recommendations for a report due Jan. 10, 2025, covering ORP eligibility, changing the irrevocable election window from 5 to 7 years, ORP representation on/adjacent to the TRSL board, employer contribution increases (including a proposed 8% minimum), a phased retirement study, and optional TRSL membership for certain new hires.

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Transcript

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