Topic: Pensions and Retirement

Legislative Pension Commission Completes Work on 2015 Omnibus Pension Bill

(Published Apr 13, 2015)

The final bill now includes controversial language to add a PERA board position to represent employees from the now-merged Minneapolis Employees Retirement Fund.

2015 Omnibus Pension Bill Takes Shape

(Published Mar 30, 2015)

The Pension Commission also adopted a resolution last week overriding a contribution increase recommendation.

Pension Groups Introduce Bills to Modify Automatic Contribution Increases

(Published Feb 9, 2015)

The proposed legislation would provide public pension plans with more flexibility.

PERA Recommends General Plan Contribution Changes

(Published Jan 12, 2015)

The recommended increase is less than the maximum authorized under state law but, by some measures, may not be needed.

Preliminary Valuation Report Shows Improvement for PERA Plans

(Published Aug 25, 2014)

Strong investment performance increases funding level, but future post-retirement benefit restoration may bring additional General Plan contribution increases.