About the Plan
The Health Care Savings Plan (HCSP), administered by Minnesota State Retirement System (MSRS), is an employer-sponsored program authorized by Minnesota State Statute, 352.98. Employees invest in a tax-free medical savings account while employed by a Minnesota public employer (including a city, state, county, school district, or governmental subdivisions).
HCSP At-a-Glance (pdf)
Download the HCSP At-a-Glance brochure to learn how the HCSP works and answers to frequently asked questions.
This video will introduce you to the HCSP, including the plan features and benefits, who can participate and how your contributions are invested.
HCSP Plan Document (pdf)
Download the HCSP Plan Document for more information on the administration of the HCSP.
* This estimate is based on a hypothetical 65-year-old couple retiring in 2020 with average life expectancies of 85 for a male and 87 for a female. Estimates are calculated for "average" retirees, but may be more or less depending on actual health status, area of residence, and longevity. Estimate is net of taxes. It assumes individuals do not have employer-provided retiree health care coverage, but do qualify for Medicare (Original).