State Board of Pension Trustees Public Meeting Minutes
The meeting featured an Audit Committee report and a Pension Advisory Council update regarding goals for retiree healthcare, death benefits, and pension increases. The Pension Administrator provided reports on employee recognition, ERP modernization progress, and legislative updates, including a resolution honoring a former state senator. Cybersecurity and ethics presentations were delivered. Policies regarding board education and fraud were reviewed. The Investment Committee provided a market update and details on asset allocation changes involving the T. Rowe Price Global Growth account and new investments with BlackRock and Northern Trust Asset Management.