Announcement The IFS and the SOU Faculty Senate sponsors a discussion on the Optional Retirement Plan for SOU faculty and administrative staff participating in the ORP. The session is a briefing on PERS' influence on the operation of the ORP and participants' retirement benefits, and why plan managers are studying how to permit the plans to operate independently.

PROPOSED AGENDA

• 1. Opening remarks - IFS President Peter Gilkey, Marny Rivera, Nan Russell
• 2. ORP Concepts ­ Denise Yunker
  • a. Measure 29 and Rate Correction Process
  • b. The ORP/PERS contribution rate connections and disconnects
  • c. Reasons, options, and goals for decoupling contribution rates
• 3. Legislative process overview ­ Lisa Zavala
  • a. Stakeholders coalition
  • b. Timelines and benchmarks
  • c. Next steps legislatively
• 4. Q&A ­ Group
• 5. Closing ­ Peter Gilkey, Marny Rivera