Track open bid opportunities, contracts, public meetings, and key contacts for Minnesota State Retirement System.
Key metrics and characteristics
City
The city where this buyer is located.
St Paul
Address
Physical address of this buyer.
60 Empire Drive, Suite 300
Phone Number
Contact phone number for this buyer.
(651) 284-7730
Propensity to Spend
How likely this buyer is to spend on new technology based on operating budget trends.
AI Adoption Score
How likely this buyer is to adopt new AI technologies.
Startup Friendliness
How often this buyer champions startups and early adoption.
Latest Budget Year
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Operating Budget
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Includes fiscal year calendars, procurement complexity scores, and strategic insights.
Board meetings and strategic plans from Minnesota State Retirement System
The board meeting included the election of the Board Chair and Vice Chair. Key topics discussed included a legislative update regarding the Omnibus Pension Bill and subplans for public safety telecommunicators, updates to the Board Governance Manual concerning appeals and compensation policies, and the approval of amendments to the Retirement Systems Building Co-Tenancy Agreement. The board also addressed HIPAA compliance amendments for the Health Care Savings Plan, authorized registration and travel expenses for fiduciary training, reviewed the status and budget of the Aurora Modernization Project, and reviewed the fiscal year 2026 strategic plan results. Finally, the board approved the fiscal year 2027 administrative and recordkeeping budget.
The Board reviewed the final actuarial results for several retirement funds and conducted a mid-year budget review for administrative and facilities costs. Information was provided regarding the new Minnesota Paid Leave Program and the disability benefit process. The Board discussed the transition to a new recordkeeper and the associated service level agreements. Additionally, the Board approved a performance-based salary increase and general wage increases for the Executive Director. Standing committee reports were provided on governance, facilities management, building security, and audit status. Other business included an update on the fiscal year-to-date rate of return and new cafeteria services.
The Board meeting included a presentation from the State Board of Investment (SBI) providing an overview of its mission, investment allocation, and fiscal year performance for the Combined Funds. The Disability Process Overview was postponed until January 2026. A significant item involved the Legislative Workgroup Update concerning Probation Officers and 911 Telecommunicators, where the Board adopted a staff recommendation to support a sub-plan for these employees, including provisions for an earlier retirement age and additional contributions, authorizing staff to negotiate final provisions. Updates were provided on the IAC/SBI regarding asset allocation and the adoption of a new Investment Policy Statement (IPS) by the SBI. Additionally, new members, Jacqueline Terry and Jason Bonnett, were appointed to the Audit Committee. The Board adopted proposed changes to the Board Governance Manual sections covering actuarial overview, contracts approval, fiduciary duty, and funding policy. Progress on the Recordkeeper Transition Update with Voya was discussed, noting heavy call volumes and temporary measures to manage workload. A Facilities Management Update covered ongoing projects like the window, chiller, and security assessment RFP. The fiscal year-to-date rate of return as of September 30, 2025, was reported as 6.4%.
Extracted from official board minutes, strategic plans, and video transcripts.
Track Minnesota State Retirement System meetings, strategic plans, and budget discussions before the public bid appears.
Early signals from meeting minutes and plans
Vendor mentions and competitor tracking
Decision timeline from discussion to RFP
Public-sector contacts connected to Minnesota State Retirement System.
Quotable insights from buyer leadership
