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
2014 Pension Benefit Increase
Minnesota State Retirement System (MSRS) retirees and other benefit recipients will
receive a 2 percent post-retirement benefit increase effective January 2014.
: Retirees covered by the State Patrol Retirement Plan will receive a
1 percent increase. Retired judges will receive a 1.75 percent increase.
Mansco Perry named Executive Director, State Board of Investment
After a six-month nationwide search led by Korn/Ferry International, Mansco Perry III, chief
investment officer at Macalester College, has been named executive director of the Minnesota
State Board of Investment, succeeding executive director Howard Bicker, who will retire next
month after 42 years at the agency.
HCSP: Leave of absence no longer qualifying event to request reimbursements
As a result of federal healthcare reform, effective January 1, 2014, a leave of
absence will no longer be a qualifying event for HCSP participants to access
their HCSP funds to reimburse eligible medical expenses.
Early retirement reduction factors to change July 2014
New early retirement factors for members covered by the MSRS General Employees Retirement Plan
will begin July 1, 2014. This change means lower benefits for members who retire before
full retirement age, which is age 66 (or age 65 if hired before July 1, 1989).
To learn more, please review this FAQ