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Do You Want to Serve on the Board of Directors?

MSRS is currently seeking candidates to fill three upcoming vacancies on the Board of Directors: State Patrol Retirement Plan (1 position) General Employees Retirement Plan and Unclassified Retirement Plan (2 positions) The deadline to apply is Friday, September 29, 2017 . The election will be held February 2018. Positions are 4-year terms and take effect Monday, May 7, 2018. To learn more, including the qualifications and how to apply, see MSRS Board...

Attention Correctional Plan Members: Board Vacancy

Currently, there is a vacancy on the MSRS Board of Directors for a representative of the Correctional Retirement Plan. This vacancy is due to the resignation of the current incumbent. MSRS law and Board policy allows the Board to appoint a replacement to complete the term, which ends May 2020. To apply, you must be an active member of the Correctional Plan and submit ten signatures of other active members in that plan nominating you for the position, along...

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,...

2017 Omnibus Retirement Bill Update

The Legislative Commission on Pensions and Retirement (LCPR) has completed work on the 2017 Omnibus Retirement Bill. The Minnesota House and Senate versions of the bill are now working their way through the legislature.   S.F.545 / H.F. 565   For updates on the status of the two bills, visit the LCPR’s webpage . The language in the bill is similar to the MSRS Board’s proposal for the Correctional and State Patrol Retirement Plans. The LCPR voted to...

Together, We Make Minnesota Better

In fiscal year 2016, nearly 200,000 Minnesotans received a benefit from one of the public pension plans in our state, totaling over $4 billion. Spending by benefit recipients provides a steady economic stimulus to Minnesota communities and the state economy. One person's spending becomes another person's income, creating a multiplier effect. Retirees of state and local government put three times as much money back into the state economy as is collected by the  public pension...

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.

— 10 Items per Page
Showing 1 - 10 of 12 results.