Home | Site Map | Help | Contact Us  
 
Pointer Image  Home
Pointer Image  General Information
Pointer Image  Account Online
Pointer Image  Online Forms
Pointer Image  General Plan
   Eligibility
 Level Formula
 Step Formula
 Beneficiary and Survivor Benefits
 Benefit Options
 Combined Service
 High-Five Average Salary
 Re-Employment

 Disability Benefit Eligibility
 Benefit Calculation

 How to Apply
 Direct Deposit
 Address Changes
 Notification of Death
 Benefit Increases
 Preparing to Retire
 Pre-Retirement Checklist

 1099-R Form
 Refunds
 Rollovers
 Tax Information

 Plan Handbook

   
  Last Updated: 11/21/2014
 
   General Employees Retirement Plan
  The General Employees Retirement Plan (General Plan) is the largest retirement plan administered by MSRS. It covers most state employees, civil service employees of the University of Minnesota, and employees of the Metropolitan Council. Judges, public safety personnel, employees responsible for inmate care, elected officials, and certain unclassified state employees are covered by other plans administered by MSRS.

Membership in the General Plan is mandatory.

Contribution Rates
Contribution rates are established in Minnesota law. Both the employee and employer contribute 5.0% of the employee's gross salary to the retirement plan. Starting July 1, 2014, the contribution rate for both the employee and employer will be 5.5%.

Employees covered by the General Plan also contribute to Social Security.

How do we calculate your retirement benefit?
The video below explains the factors that are used to calculate your MSRS retirement benefit. For more detail, please see the Retirement Plan Handbook or contact MSRS at 1-800-657-5757.




  Disclaimer: The MSRS website is a general summary of the plans administered by the Minnesota State Retirement System (MSRS). The purpose of the website is to provide a general overview of benefits and the plans administered by MSRS. The benefits described generally apply to active employees. If there is any difference between the information this handbook provides and the law or policies which govern MSRS, the law and policies will prevail. The provisions may be subject to law changes.

   
Spacer Image
Minnesota State Retirement System
60 Empire Drive, Suite 300, St. Paul, MN 55103-3000
Telephone: (651) 296-2761, Toll Free: (800) 657-5757, Fax: (651) 297-5238
E-Mail: info@msrs.us
Please do not include confidential information, such as social security numbers, in email
correspondence with MSRS.
An Equal Opportunity Employer
Spacer Image