Website Availability: Due to scheduled maintenance, you will not be able log in to view your private account information starting at 6 p.m. on Fri, May 17. This outage is expected to last approximately 1.5 hours.
The 2018 pension bill (S.F. 2026) had its first hearing in a House committee on Monday, May 7. The House Government Operations Committee unanimously passed the pension bill, without amendment.
The Legislative Commission on Pensions and Retirement (LCPR) has completed its work on the 2018 Omnibus Retirement Bill S.F.2620 / H.F.3053. The Minnesota House and Senate versions of the bill are now working their way through the...
Congratulations to Chet Jorgenson and Jacqueline Terry, who will represent the General and Unclassified Retirement Plans; and Mike LeDoux, who will represent the State Patrol Retirement Plan.
Three MSRS Board of Directors positions are currently open: two for the General and Unclassified Retirement Plans; one for the State Patrol Retirement Plan.
Effective January 1, 2018, eligible MSRS retirees and other benefit recipients will receive a 2% post-retirement pension benefit increase. Exceptions: Retirees covered under the State Patrol Retirement Plan will receive a 1% increase. Retired judges will receive a 1.75% increase.
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 Sept 29, 2017.
An article published by Bloomberg News uses numbers reported under the Governmental Accounting Standards Board (GASB) rules to paint incomplete picture of the financial health of Minnesota’s public pension plans.
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.