Judges Retirement Plan

The Judges Plan covers a judge or justice in courts established by the Minnesota Constitution. The Judges Plan provides retirement, survivor, and disability coverage.

Judges contribute to Social Security. Monthly benefits from the Plan are paid in addition to Social Security benefits.

Once retired, a judge will receive a monthly retirement benefit for life with potential post-retirement increases. Depending on the option selected at retirement, the judges' survivor(s) may be eligible to receive a lifetime survivor benefit upon the judge's death.

The Judges Plan also provides disability benefits and survivor benefits for the spouse or dependent children if the judge dies before retirement.

This retirement plan does not offer loans, hardship withdrawals, or in-service withdrawals.

Tiers
Effective July 1, 2014, the Judges Plan has two tiers. The judges appointment or election date determined which tier they belong.

  TIER 1 TIER 2

Eligibility

First appointed/elected as a
judge before 7/1/2013

First appointed/elected as a judge
after June 30, 2013

Employee Contribution Rate

9%

7%

Employer Contribution Rate

22.5%

22.5%

Normal Retirement Date

Date judge attains age 65

Date judge attains age 66

Retirement Formula

3.2% multiplied by the number of years and fractions of years of allowable service, and then multiplied by final average compensation. The maximum percentage of 76.8% coincides with the allowable service credit limit of approximately 24 years.*

2.5% multiplied by the number of years and fractions of years of allowable service and then multiplied by final average compensation. There is no service credit limit for judges covered by Tier 2.


* Once the 24 year limit has been reached, the Judge is covered under the Unclassified Retirement Plan.