Minnesota Senate Media Services
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Capitol Report: Assessing the Health of Minnesota's Pensions
Posted
October 6, 2017
Views
136
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October 6, 2017
136
1
0.74%
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28:31Now PlayingThe Legislative Commission on Pensions and Retirement is charged with overseeing the operational and financial conditions of the statewide public pension funds. Governor Dayton’s veto of the 2017 omnibus pension bill, increases in life-expectancy, the wave of retiring baby-boomers and alternative accounting measures have produced some provocative headlines questioning the health of Minnesota’s pension plans. The current chair of the Pensions Commission, Senator Julie Rosen, R-Vernon Center, and the former chair, Senator Sandra Pappas, DFL-St. Paul, join Capitol Report moderator Shannon Loehrke to assess the ongoing health of the state pension and defined contribution plans serving state, county, municipal, school district and other public employees in Minnesota.
The iconic golden horses atop the Minnesota State Capitol represent the aspirations of the state at the turn of the 20th Century. Brian Pease of the Minnesota Historical Society explains the significance of the sculpture and the ongoing efforts to maintain it.
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