HomeMy WebLinkAboutDocumentation_Pension General_Tab 9.13.d_08/10/2015Notes:
1. IRS — Every 5 years with 2 year extensions.
a. Current expires January 31, 2014 and with 2 year extension is due January 31, 2016.
Fiscal Year 2016
November 2, 2015
• November 2015 — Election of Officers (annually)
February 1, 2016
• February 2016 — Review and approve the Actuarial Evaluation and distribute employee
statements (annually)
• February 2016 — Senate Bill 534 — Post required information on website (annually)
o Deadline: Later of 60 days following approval of the Actuarial Evaluation or June 291h
May 2, 2016
August 1, 2016
• July 1— Form 1 is due (annually)
Fiscal Year 2017
November 7, 2016
• November 2016 — Election of Officers (annually)
February 6, 2017
• February 2017 — Review and approve the Actuarial Evaluation and distribute employee
statements (annually)
• February 2017 — Senate Bill 534 — Post required information on website (annually)
o Deadline: Later of 60 days following approval of the Actuarial Evaluation or June 291h
• February 2017 — Update and distribute Summary Plan Description document (every other year)
May 1, 2017
August 7, 2017
• July 1— Form 1 is due (annually)
Questions:
1. SB 1128 Requirements
a. This is no longer a requirement correct?
2. SB 534 Requirements
a. What are the reporting requirements for this bill?
3. SB 242 Requirements
a. What are the reporting requirements for this bill?
4. H B 1309
a. What are the reporting requirements for this bill?
5. Investment Policy Statement
a. Does this have to be periodically reviewed or updated?
6. Annual Rate of Return
a. Does this have to be periodically reviewed or updated?
b. Are we required to submit this to the Bureau of Local Retirement Systems?