Jun 25, 2026BoardMeeting
BoardHighway Patrol Retirement System Board Meeting Highlights
The board reviewed the preliminary results of the 2025 Actuarial Valuation and Funding Policy Analysis, approving a cost-of-living adjustment for eligible members, maintaining active member contribution rates, and allocating funding to the health care fund. Legislative initiatives for alternative cost-of-living adjustments were discussed. The board also authorized increases to Pre-Medicare and Medicare Health Reimbursement Allowance (HRA) and surviving spouse benefits following an analysis of post-employment benefits. Furthermore, the board addressed investment portfolio performance, processed retirement applications and survivor benefits, and received an update regarding the status of the external financial audit.