Governor Vetoes Bill Containing 2017 Pension Reforms

Governor Mark Dayton vetoed special session S.F. 3 on Tuesday, May 30, 2017. This bill contained the contents of the 2017 Omnibus Retirement Bill  passed by the Legislative Commission on Pensions and Retirement (LCPR) and the Minnesota Senate during regular session (S.F. 545) The Governor vetoed the bill due to provisions related to labor standards that would have preempted local governments’ ability to set wage and benefit levels higher than state law. Most notably for MSRS,...

Website Availability on Sat, 4/29

Due to scheduled system maintenance, sections of the MSRS website will not be available on Saturday, April 29. Starting at 8 p.m., you will not be able to log into your pension Account Online website for approximately 3 to 4 hours (the  MSRS Pension Plans link located in the "Access Your Account" box). This outage will not affect your ability to log in to the All Other MSRS Plans website, which includes access to these plans: MNDCP, HCSP,...

MN Named One of the Best Places to Retire

According to a recent report, Minnesota is one of the top places to retire. Bankrate.com released its ranking of the best and worst states to live in retirement , putting Minnesota in the number 5 spot. States were ranked based on a number of factors, including cost of living, weather, health care quality, crime and culture. New Hampshire led the list at no. 1, followed by Colorado and Maine. Alaska was named the worst state for retirement. Surprisingly, Florida and...

MSRS Website Availability on Sat, 2/25

Due to scheduled system maintenance, sections of the MSRS website will not be available on Saturday, February 25. Starting at 8 a.m., you will not be able to log into your pension Account Online website for approximately 4 - 8 hours (the  MSRS Pension Plans link located in the "Access Your Account" box). This outage will not affect your ability to log in to the All Other MSRS Plans website, which includes access to these plans: MNDCP, HCSP, Unclassified...

MSRS Offices Closed Monday, 2/20

In observance of Presidents' Day, MSRS offices and the financial markets will be closed on Monday, February 20, 2017.  We will resume normal business hours on Tuesday, February 21. Investment transactions processed after 3 p.m. on Friday, February 17 will have an effective date of Tuesday, February 21, 2017.  

MSRS Office Closed MLK Day

In observance of Martin Luther King, Jr Day, all MSRS offices will be closed on Monday, January 16, 2017. The financial markets will also be closed; therefore any investment transactions processed after 3 p.m. on Friday, January 13, will have an effective date of Tuesday, January 17, 2017. We will resume normal business hours on Tuesday, January 17, 2017.

Pension "Account Online" Availability

The MSRS pension plan Account Online website will be down for maintenance beginning 5:45 p.m., Friday, January 13.  The site will be down approximately four hours.  During the outage you will not be able to log in to  MSRS Pension Plans (link located in the "Access Your Account" box).  The outage will not affect your ability to log in to the All Other MSRS Plans website, which includes access to these plans: MNDCP, HCSP,...

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 .  ...