Home | Site Map | Help | Contact Us Spacer Image
 
Pointer Image  Home
Pointer Image  General Information
Pointer Image  Account Online
Pointer Image  Online Forms
Pointer Image  General Plan
Pointer Image  Correctional Plan
Pointer Image  Judges Plan
Pointer Image  State Patrol Plan
Pointer Image  Unclassified Plan
Pointer Image  Health Care (HCSP)
Pointer Image  Other Plans
Pointer Image  Deferred Compensation
   
  Last Updated: 06/03/2013
   
   Home
Spacer Image
 

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. 

What's New

Important notice to new retirees
Your first benefit payment may be delayed
First retirement benefit payments are currently taking up to two weeks longer to process. Generally, new retirees receive their first benefit payment 4 to 6 weeks after they retire. However, due to the high volume of retirement applications MSRS has received over the past few months, first payments are taking up to 8 weeks to process

Please be assured that we are working as quickly as possible to process your request. We apologize for this delay and any inconvenience it may cause.

Your first benefit payment will be larger because it includes all retroactive payments back to your benefit start date. You will receive a Benefit Authorization letter to notify you when the first payment will be made and the amount you can expect to receive.

Study: Public pensions give boost to Minnesota's economy
Benefits paid by state and local pension plans support a significant amount of economic activity in Minnesota, according to the new study, "Pensionomics 2014" from the National Institute on Retirement Security. Pension benefits received by retirees are spent in the local community. This spending ripples through the economy, as one person's spending becomes another person's income. In 2012, expenditures stemming from state and local pensions supported 46,581 Minnesota jobs that paid $2.2 billion in wages and salaries, resulting in $7.0 billion in total economic output and generating $1.2 billion in federal, state, and local tax revenues in our state.

See the Minnesota fact sheet HERE. Read the full national report HERE.

Pension systems reject 'dubious' research by privatization advocate
A new report from Kim Crockett at the Center of the American Experiment Keeping the Promise: Securing Retirement Benefits for Current and Future Public Employees, is based on very outdated numbers on the financial status of the three statewide public retirement funds.More...

MSRS retirement plan contribution rates to increase
The contribution rates for the state's major retirement plans administered by MSRS will increase the first full pay period of July 2014. More...


  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


The information contained in this web site is also available in alternative formats to individuals with disabilities.
Please call 1-800-657-5757 or use the MN Relay Service at 1-800-627-3529.