Gov. Mark Dayton signed the 2018 Omnibus Retirement Bill into law on Thursday, May 31.
“That’s the last bill I’ll sign as governor of Minnesota and what a great way to end on,” Dayton said at signing ceremony, which was attended by many Minnesota public employees and stakeholders.
The bipartisan legislation (H.F. 3053/S.F. 2620) includes sustainability measures for all four of the state’s public pension systems, including Minnesota State Retirement System (MSRS), Teachers Retirement Association (TRA), Public Employees Retirement Association (PERA), and St. Paul Teachers Retirement Fund Association (SPTRFA).
For more information about the bill, see the Omnibus Pension Bill Summary
