Maine Public Employees Retirement System Board of Trustees Public Meeting Packet
The board meeting agenda focused on the review of actuarial valuation reports for the State Employee and Teacher Retirement Program, Judicial and Legislative programs, and the Participating Local District Consolidated Retirement Plan. Key discussion items included an analysis of the Unfunded Actuarial Liability, private market investment actions, a review of investment reports, audited financial statements, and rulemaking proceedings regarding the repeal and adoption of various rule chapters. Additionally, the meeting covered CEO strategic plan updates, performance measures, administrative reports, and a performance evaluation for the Chief Executive Officer.
Enterprise
Get verified public-sector contacts at scale
Find verified emails, direct dials, role context, job-change updates, and organization signals across every public-sector account you sell to.
Maine Public Employees Retirement System Board Of Trustees Board Meeting Minutes
The Board reviewed and approved several private market investment commitments, including funds related to health capital, senior direct lending, and infrastructure. They approved amendments to investment policy statements and reviewed reports on market updates and proxy voting. Additionally, the Board heard reports on the preliminary fund value and performance, the MaineSTART quarterly review, an enterprise risk management report, and operational updates from the IT and Legal departments. Public hearings were held regarding proposed rule amendments, and the Board received an actuarial audit report and reviewed the CEO evaluation process.
Sep 10, 2026·Board meeting agenda packet
Maine Public Employees Retirement System Board of Trustees Public Meeting Packet
The board meeting agenda focused on various investment actions, policy amendments, and administrative reports. Key discussion topics included private markets investments, amendments to investment policy statements for GLI, RHIT, and OPEB Trust, a proxy voting review, and a monthly investment review. The board also addressed actuarial audits, rulemaking public hearings, CEO report updates regarding enterprise risk management and board education, and a presentation on market updates. Additionally, litigation updates and an executive session for a CEO evaluation were included.
Aug 13, 2026·Board meeting
Maine Public Employees Retirement System Board Meeting Minutes
The Board of Trustees reviewed the quarterly investment portfolio, asset class performance, and monthly investment updates. Key discussions included an investment classification overview regarding fossil fuel and prison company exposure, an actuarial experience study report, and the setting of group life insurance premiums. The Board approved cost-of-living adjustments for various retirement plans, adopted amendments to disability retirement rules, and approved restated 403(b) plan documents. Additionally, the Board received reports on the new Pension Administration System project, administrative updates, litigation status, and an educational presentation on board governance and fiduciary responsibilities.
