Legislators Retirement Plan
Membership in the Legislators Plan is mandatory if you were first elected to the Minnesota Legislature before June 30, 1997. Legislators elected after that date are members of the Unclassified Retirement Plan.
You can be a member of another Minnesota public employees plan for other public service while you are a member of the Legislators Retirement Plan.
The Legislators Retirement Plan provides full retirement benefits at age 62, and reduced benefits at age 55.
Once you retire, you receive a monthly retirement benefit for life with potential post-retirement increases. Depending on the option you select at retirement, your survivors may be eligible to receive a lifetime survivor benefit upon your death. The plan also provides survivor benefits for your spouse or dependent children if you die before you retire.
This retirement plan does not offer loans, hardship withdrawals, or in-service withdrawals.