Minnesota State Retirement System correctional state employees retirement plan; new positions added to list of positions that are covered correctional service for employees of Department of Human Services, and past service credit purchase permitted.
Impact
If enacted, this bill will significantly impact the Minnesota State Retirement System by expanding eligibility for benefits and allowing for the transfer of past credit from the general state employees' retirement plan to the correctional state employees' plan. This change is designed to offer correctional staff more comprehensive retirement options, which may also improve recruitment and retention of qualified personnel by providing more appealing retirement benefits. The bill also emphasizes the importance of various roles, such as mental health staff and clinical program therapists, acknowledging their contribution to correctional services.
Summary
HF4539 aims to amend the Minnesota State Retirement System rules, specifically relating to the retirement plan for correctional state employees. The bill adds new positions to the list of roles covered under correctional service and permits these employees to purchase past service credit. This adjustment intends to enhance the benefits available to correctional personnel and acknowledges their unique challenges and responsibilities in their roles within the Department of Human Services. The bill reflects a growing recognition of the need to support professionals working in challenging environments.
Contention
While there appears to be general support for the intent of HF4539, contention may arise regarding the implications it has for state budget allocations. Concerns about the costs associated with expanding retirement benefits could be raised, particularly if this results in increased contributions from the state. Stakeholders may debate the fiscal sustainability of enhancing retirement benefits for specific groups of employees and whether similar adjustments should be made for other sectors within the state workforce.
Similar To
Department of Human Services new positions added to the list of positions covered correctional service and permitting the purchase of past service credit
Department of Human Services new positions added to the list of positions covered correctional service and permitting the purchase of past service credit
Minnesota State Retirement System correctional state employees retirement plan; position added to covered correctional service employees of Department of Human Services list.
Minnesota State Retirement System correctional state employees retirement plan; MSRS correctional plan eligibility work group recommendations implemented, eligible employment positions updated, definitions added, procedures for adding or removing plan coverage modified, right to appeal added, and conforming changes made.
Minnesota State Retirement System correctional state employees retirement plan eligibility expanded to certain registered nurse supervisors, and other lists of covered employees modified.
Minnesota State Retirement System correctional state employees retirement plan MSRS correctional plan eligibility work group recommendations implementation provision, eligibility requirements modifications, eligible employment positions modifications, right to appeal addition, definitions added, and adding or removing plan coverage procedures modifications
Correctional state employees retirement plan; transfer of service credit from Minnesota State Retirement System general plan to Minnesota State Retirement System correctional plan upon payment by eligible member authorized.
Transfer of service credit authorization from the Minnesota State Retirement System general plan to the Minnesota State Retirement System correctional plan upon payment by an eligible member
Minnesota State Retirement System general state employees retirement plan; unreduced early retirement annuity provided to select Department of Corrections employees if the employee is at least 62 years old or has at least 30 years of service.
Health care guaranteed to be available and affordable for every Minnesotan; Minnesota Health Plan, Minnesota Health Board, Minnesota Health Fund, Office of Health Quality and Planning, ombudsman for patient advocacy, and auditor general for the Minnesota Health Plan established; Affordable Care Act 1332 waiver requested; and money appropriated.
A House resolution expressing the sense of the Minnesota House of Representatives reaffirming its commitment to the strengthening and deepening of the sister ties between the state of Minnesota and Taiwan.