Minnesota State Retirement System Board of Directors Regular Meeting Minutes
The Board conducted a hearing regarding the appeal of Dan Lais concerning eligibility for the Rule of 90, ultimately voting to affirm the Executive Director's determination. Election results for the Board were presented and approved. The Board authorized the write-off of $52,201.31 in uncollectible debt due to financial hardship and the expiration of the statute of limitations. Funding was approved for four additional full-time positions for the Service Center to address increased call volumes. The Board received updates on the current legislative session, specifically regarding administrative bills and new subplan legislation, and discussed potential modifications to the Unclassified Retirement Plan. Additionally, the Board heard standing committee reports and recognized a member for their long-standing service.