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 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.