Decision Log Sheet Page 6
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12Decision Log Sheet
Principles and Guidelines for Montana’s Public Employee Retirement Systems
State Administration and Veterans’ Affairs Interim Committee
April 21, 2006
insurance provisions for retired employees and, preferably,
should provide for separate accounting and funding from
retirement programs.
Committee Action
Adopt
Revise and Adopt
Reject
No Action
Comments:
Guideline 11: The legislature should establish strict fiduciary standards
and conflict of interest laws to govern the conduct of
trustees as they manage the assets of the retirement system.
Committee Action
Adopt
Revise and Adopt
Reject
No Action
Comments:
Guideline 12: The legislature should move toward requiring annual
actuarial reports using uniform actuarial assumptions to
evaluate the financial soundness of the state’s pubic
retirement systems.
Committee Action
Adopt
Revise and Adopt
Reject
No Action
Comments:
Guideline 13: The legislature should provide for reciprocity of benefits for
workers who shift jobs within the state and its political
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