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  Last Updated: 02/28/2012
 
   Board of Directors
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Laws Governing the Board of Directors

General Information about the MSRS Board of Directors
The MSRS Board members have a fiduciary responsibility to act in the exclusive interest of the members and beneficiaries of all MSRS plans. While MSRS is ultimately controlled by the laws and statutes of Minnesota state government, the MSRS Board is responsible for setting policies, hearing disability and benefit appeals, and overseeing the administration of all MSRS pension plans, including the Health Care Savings Plan and the Minnesota Deferred Compensation Plan. Investments of the plans are handled by the Minnesota State Board of Investment. MSRS Board members do not receive a salary for serving in their capacity.

The MSRS Board of Directors normally meets every other month on the third Thursday. Meetings are held in the Retirement Systems of Minnesota Building at 60 Empire Drive in St. Paul, Minnesota, and they usually begin at 9:00 a.m. and are approximately two to three hours in length. The tentative schedule of Board meetings for 2012 is as follows:

January 19
March 22
May 17
July 19
September 20
November 15
 
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