Duluth Office Has Moved

The downtown MSRS-Duluth office  has moved to 625 East Central Entrance in the Duluth Heights area. The new location provides easier access and free parking. We now share the new space with Teachers Retirement Association (TRA) & Public Employees Retirement Association (PERA).  

MSRS Offices Closed MLK Day

In observance of Martin Luther King, Jr Day, all MSRS offices will be closed on Monday, January 21, 2019. The financial markets are also closed that day. Investment transactions processed after 3 p.m. on Friday, January  18, will have an effective date of Tuesday, January 22, 2019. MSRS will resume normal business hours on Tuesday, January 22.  

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 .  ...

2019 Post-Retirement Benefit Increase

Effective January 1, 2019, eligible MSRS retirees and other benefit recipients will receive a 1% post-retirement pension benefit increase. Exceptions : Retirees covered under the Correctional Retirement Plan will receive a 1.5% increase. Retired judges will receive a 1.75% increase. The post-retirement benefit increase is established in Minnesota law and occurs each January. The increase is prorated the first year after retirement and is based on the number of full months...