Back

Tax Statements Mailed by January 31

  • MSRS Pension Plans: MSRS will mail you a Form 1099-R to report payments you received from your pension plan. The statement will be available online.
 
  • Defined Contribution Plans - MNDCP, HCSP (beneficiary), Unclassified Retirement Plan, Hennepin County 1% Supplemental Plan:
    • Great-West Retirement Services will report distributions.
    • MNDCP participants and HCSP beneficiaries will receive a Form 1099
    • Hennepin County 1% Supplemental Plan participants will receive a W-2 (not a 1099).
    • Statements are not available online.
  • Duplicate statements available: If you have not received your tax documents by February 10, please contact MSRS to request a duplicate statement.
     
  • Public Safety Premium Withholding. Premiums withheld from your pension or MNDCP are not reported on a 1099-R. You will receive a separate letter indicating the premium amount withheld during 2016. If you have not received this letter by February 10, please contact MSRS at 651-296-2761 or 1-800-657-5757.
     
  • Health Care Savings Plan (HCSP). Contributions and reimbursements are not reportable on state or federal income tax returns. Exception: Reimbursements to a non-spousal or non-dependent beneficiary who inherited the account upon the death of a participant are taxed as ordinary income. A 1099-MISC is issued to the beneficiary by our recordkeeper, Great-West Retirement Services.

Featured Training:
Click the image below to learn about the different types of retirement accounts, why saving matters, how to choose investment  products and how to keep an eye on your savings and investments.