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Preretirement Workshop scheduled for Aug. 18 in St. Paul

Due to popular demand, we ve added a Preretirement Workshop for Friday, Aug. 18 at the Retirement Systems Building of Minnesota, 60 Empire Drive, Room 106, St. Paul.

Preretirement Workshops are designed for members who are within about five years of retirement. These large group programs give you a broad perspective on retirement by looking at more than just your PERA pension. They also address Social Security and Medicare benefits, health insurance, financial and estate planning, and other retirement-related issues.

Workshops are scheduled from 9 a.m. to 4:00 p.m. PERA invites couples as well as individual members to attend, but you must register in advance workshops fill up quickly. Because these are group presentations, there is no time available for individual counseling.

To register, visit MY PERA, or call PERA at 651-296-7460 or 1-800-652-9026. Space is limited.

Group Conferences scheduled in Saint Paul office in August

Tuesday, August 15 5:30 p.m. 6:30 p.m.

Friday, August 25 9:30 p.m. 10:30 a.m.

Thursday, August 31 3:00 p.m. 4:00 p.m.

A Group Conference is a 60-minute educational program where members receive a personalized retirement estimate and learn about their benefit options and the retirement application process. PERA counselors present the information. Group Conferences are ideal for those members who are a few years from retirement.

To register, visit MY PERA or call PERA at 651-296-7460 or 1-800-652-9026. Space is limited.

Group Conferences scheduled in greater Minnesota in August

Thief River Falls Tuesday, August 15 10:00 a.m. 11:00 a.m. and 1:00 p.m. 2:00 p.m.

Moorhead Wednesday, August 16 10:00 a.m. 11:00 a.m. (The 10 a.m. session is FULL) and 1:00 p.m. 2:00 p.m.

Mankato Friday, August 25 9:30 a.m. – 10:30 a.m. and 1:00 p.m. – 2:00 p.m.

Friday, September 22 9:30 a.m. – 10:30 a.m. and 1:00 p.m. – 2:00 p.m.

Friday, October 27 9:30 a.m. – 10:30 a.m. and 1:00 p.m. – 2:00 p.m.

Virginia Tuesday, August 29 10:30 a.m. 11:30 a.m. and 1:00 p.m. 2:00 p.m.

A Group Conference is a 60-minute educational program where members receive a personalized retirement estimate and learn about their benefit options and the retirement application process. PERA counselors present the information. Group Conferences are ideal for those members who are a few years from retirement.

To register, visit MY PERA or call PERA at 651-296-7460 or 1-800-652-9026. Space is limited.

PERA News is now available

To read the latest legislative news, click Resources. then Newsletter.

Learn about your pension

As a public employee, you are already contributing to your financial future. Watch our video to learn more.

Registration is open for workshops throughout Minnesota

PERA workshops are now set for the second half of 2017. The complete schedule of workshops and conferences can be found by clicking the Calendar of Events on the right side of the page. You can also register by visiting MY PERA or by calling us. See you at a workshop. Register today.

Governor Vetoes Bill Containing Pension Reforms

Governor Mark Dayton vetoed Special Session S.F. 3 on Tuesday, May 30, 2017. The bill contained the contents of the 2017 Omnibus Retirement Bill (Regular Session S.F. 545) passed by the Legislative Commission on Pensions and Retirement (LCPR) and the Minnesota Senate during Regular Session. This bill also contained other labor-related provisions found by Governor Dayton to be veto-worthy. Most notably for PERA, the vetoed bill included a lower investment return assumption of 7.5 percent, benefit reforms for the Police Fire Plan, and numerous administrative modifications.

PERA Board of Trustees names Board Vice President

The PERA Board of Trustees voted unanimously at their April 13 meeting to name Ross Arneson as Vice President of the Board. Arneson, the elected Retiree and Disabilitant Re presentative, replaces David Metusalem, the elected Police and Fire Representative, who recently retired.

The PERA Board will appoint a person to fill the remainder of the Police and Fire Representative position which ends in January 2019. Information on how to apply for the position will be announced in the June newsletter and on our website.

You Talk + We Listen = SUCCESS

Group Conferences set record attendance

When we asked members for feedback on what is the best time to attend a Group Conference, 83 percent of members surveyed requested early Saturday mornings. And, we listened. In a recent three-week time period, nearly 250 PERA members attended Saturday sessions of Group Conferences. A Group Conference is a 60-minute educational program where members receive a personalized retirement estimate and learn about their benefit options and the retirement application process. PERA counselors present the information. Group Conferences are ideal for those members who are a few years from retirement.

Check out our full conference schedule by clicking Calendar of Events .

To register, visit MY PERA, or call PERA at 651-296-7460 or 1-800-652-9026.

Group Conferences scheduled in Mankato office

Our Mankato office has Group Conferences scheduled for June 30 and July 21. For each day, members can register to attend either a 10 a.m. to 11 a.m. or 1 p.m. to 2 p.m. session.

To register, visit MY PERA, or call PERA at 651-296-7460 or 1-800-652-9026. Space is limited.

Together, We Make Minnesota Better

2016 annual benefits by county paid by Minnesota’s Public Pension Plans

In fiscal year 2016, nearly 200,000 Minnesotans received a benefit from one of the public pension plans in our state, totaling over $4 billion. Spending by benefit recipients provides a steady economic stimulus to Minnesota communities and the state economy. One person’s spending becomes another person’s income, creating a multiplier effect. Retirees of state and local government put three times as much money back into the state economy as is collected by the public pension plans from taxpayers through employer contributions.

Here is a listing showing the total benefits paid to retirees in each Minnesota County.

Economic impact of Public Pension Plans in Minnesota