Board Policies

The following are policies and guidelines adopted by the PRB to assist plans and provide clarity for processes.

    • PRB Pension Funding Guidelines
      • The Guidelines are intended to foster communication between plans and their sponsors as they determine a reasonable approach to responsible funding, whether the contribution rate is fixed or actuarially determined.

 

    • Principles of Retirement Plan Design
      • The Principles are intended to guide and inform public retirement systems and their associated governmental entities on how to structure retirement plans.

 

 

 

  • Negotiated Rulemaking and Alternative Dispute Resolution Policy
    • The Policy adopts by reference the model guidelines for Alternative Dispute Resolution Procedures developed by the State Office of Administrative Hearings (Model Guidelines).
    • The Policy establishes the use of negotiated rulemaking as appropriate when engaging in rulemaking activities.