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Welcome to the Minnesota State
Retirement System (MSRS) website! We administer ten different
retirement plans which provide retirement, survivor, and disability
benefit coverage for Minnesota state employees as well as employees
of the Metropolitan Council and many non-faculty employees at the
University of Minnesota. MSRS covers over 50,000 active employees
and currently pays monthly benefits to over 20,000 retirees,
survivors, and disabled employees. In addition, we administer the
State of Minnesota Deferred Compensation Plan and the Health Care
Savings Plan.
MSRS Board Proposal to Restore Stability to the Retirement Funds Passed into Law
Board proposed shared responsibility to get back on
course The MSRS Board of Directors proposed legislation during
the 2010 Legislative Session to adjust benefits to ensure the
retirement system has sufficient funds to pay benefits for retirees,
active employees and future hires.
The legislation followed almost two years of steep market
declines. Although it appears that the economic recovery is
underway, most experts predict a slow recovery.
"We were in a strong funding position going into the severe market
drop and we've weathered the storm. Now is the time to get the ship
back on course toward full funding, "explains MSRS Executive
Director Dave Bergstrom.
Governor Pawlenty signed the Omnibus Pension Bill SF2918/HF3281 on Saturday, May 15, 2010.
The legislation is now Minnesota Laws 2010, Chapter 359. There are several
modifications to benefits for active, deferred and retirees in an effort to
provide stability to the MSRS Retirement Plans. More...
What's New
MSRS Seminars For 2010
Retirement seminars for 2010 have been scheduled. More...
Federal Health Care Reform impact on HCSP
Participants should be aware of two upcoming changes to HCSP reimbursements.
More...
Announcing Two Optional Advice Services
Want to become a more informed, confident investor? More...
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