Select Committee on Pension Policy (SCPP)
The SCPP has meetings scheduled for the following dates:

• September 15
• October 20
• November 17
• December 15

Typically proposals are submitted to the Chair of the SCPP through the Office of the State Actuary (OSA). Items are considered by the Executive Committee who then decides whether or not to add the item onto the full committee's agenda. Proposals typically require one meeting for briefing the entire committee and one meeting to take executive action.
 
Pension Funding Council (PFC)

• Review economic assumption recommendations from OSA - Investment Rate of Return
  - Inflation
  - Salary growth
  - Membership growth
• September 1 OSA communicates recommendation to PFC
• October 30 PFC can adopts changes to assumptions

2008 Annual Valuation Report

• The Office of the State Actuary will produce the 2008 Annual Valuation Report this fall. The report will be as of June 30, 2008.