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COUNTY OF SAN MATEO
DEFERRED COMPENSATION ADVISORY COMMITTEE February 25, 2021
12. Legislative Updates (NFP, Bill Tugaw, and Empower, Bob Gleason)
Tugaw described new federal legislation in the House, Securing a Strong Retirement Act
2020. This bill matches up with the Senate’s Retirement Security and Savings Act 2019.
More information is still needed to determine how the Biden Administration will prioritize
pension legislation.
The DCAC accepted this update.
13. Legislative Update (NFP and MassMutual)
NFP presented its Legislative Update. Empower had no further comments.
INFORMATIONAL ITEMS
14. Meeting Dates in 2021 Dates
A. Thursday, May 27
B. Thursday, August 26
C. Wednesday, October 27—Retreat
D. Thursday, November 4
The meeting was adjourned at 12:25pm.
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