91st Legislative Session _ 2016

Committee: House Retirement Laws
Monday, February 08, 2016

                                            P - Present
                                            E - Excused
                                            A - Absent

Roll Call
P    Kirschman
P    McCleerey
P    Schoenbeck
P    Rounds, Vice-Chair
P    Bolin, Chair

OTHERS PRESENT: See Original Minutes

The meeting was called to order by Representative Jim Bolin, Chair.

    SB 13: establish a new retirement benefit structure for certain public employees who are members of the South Dakota Retirement System.

Presented by:    Elmer Brinkman, South Dakota Retirement System, Board of Trusties
Proponents:    Rob Wylie, Executive Director, South Dakota Retirement System
        Jacque Storm, South Dakota Retirement System

MOTION:    DO PASS SB 13

Moved by:    Rounds
Second by:    Kirschman
Action:    Prevailed by roll call vote. (5-0-0-0)

Voting Yes:    Kirschman, McCleerey, Schoenbeck, Rounds, Bolin

    SB 14: revise certain administrative provisions and repeal certain obsolete provisions concerning the South Dakota Retirement System.

Presented by:    Justice Steven L. Zinter
Proponents:    Jacque Storm, South Dakota Retirement System


MOTION:    DO PASS SB 14

Moved by:    Rounds
Second by:    McCleerey
Action:    Prevailed by roll call vote. (5-0-0-0)

Voting Yes:    Kirschman, McCleerey, Schoenbeck, Rounds, Bolin

MOTION:    PLACE SB 14 ON CONSENT CALENDAR

Moved by:    Rounds
Second by:    Kirschman
Action:    Prevailed by voice vote.

    SB 15: revise certain provisions concerning the membership of the South Dakota Investment Council.

Presented by:    Rob Wylie, Executive Director, South Dakota Retirement System

MOTION:    DO PASS SB 15

Moved by:    Schoenbeck
Second by:    Rounds
Action:    Prevailed by roll call vote. (5-0-0-0)

Voting Yes:    Kirschman, McCleerey, Schoenbeck, Rounds, Bolin

MOTION:    ADJOURN

Moved by:    Rounds
Second by:    McCleerey
Action:    Prevailed by voice vote.

Pam Kean

____________________________

Committee Secretary
Jim Bolin, Chair

../02081500.HRE
Page 1