Post-Retirement Benefit Increase
Every January, eligible MSRS benefit recipients receive an increase in their monthly payment amount. The benefit increase amount is established in Minnesota law.
Effective January 1, 2017, the post-retirement benefit increase is 1%.
The first increase
occurs seven to 18 months after you retire.
is prorated based on the number of full months you were retired during the previous fiscal year, which ends June 30.