(MNDCP) The Internal Revenue Service (IRS) announced new contributions limits for 457(b), 401(k), and 403(b) retirement plans for calendar year 2019....
Effective Jan 1, 2019, eligible MSRS retirees 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.
Gov. Mark Dayton signed the 2018 Omnibus Retirement Bill into law on Thursday, May 31. The bipartisan legislation includes sustainability measures for all four of the state’s public pension systems
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.