The PRB is engaging in rulemaking to facilitate implementation of the legislature’s 2021 changes to the Funding Soundness Restoration Plan (FSRP) statute. The PRB plans to adopt these rules in October 2022. As a first step, the board’s Actuarial Committee discussed the initial rule concepts at its January 28 meeting.
The draft rules and draft board policy for Funding Soundness Restoration Plans are now available. The Actuarial Committee will discuss the draft rules and draft board policy on May 18th. The PRB is welcoming feedback on the drafts at this time. Please contact staff to request a Zoom link if you would like to provide a comment on the drafts but are unable to attend the meeting in person. You may also submit your comments by email to firstname.lastname@example.org. Staff is also available for discussion by phone or videoconference.
Other opportunities for feedback:
Staff will be accepting comments and feedback throughout the process, but there are some notable milestones for stakeholder participation: