State Patrol retirement plan and public employees police and fire retirement plan provisions modified; employee contribution rates reduced; postretirement adjustments increased; vesting and return to work requirements modified, employer contribution rate decreased, and supplemental employer contribution added; and direct state aids increased and added.
Unreduced retirement annuity provided upon reaching age 62 with 30 years of service, and employee contribution rate increased for Teacher Retirement Association.
Select Department of Corrections employees unreduced early retirement annuity if the employee is at least 62 years old or has at least 30 years of service provision
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.
General state employees retirement fund; foreign citizens employed by public employers on a H-1B, H-1B1, or E3 visa authorized to purchase service credit a for prior period of employment as an excluded employee.
Local government correctional service retirement plan; multiplier used to calculate annuity amount increased, and employee and employer contribution rates increased.
Teacher Retirement Association and St. Paul Teacher Retirement Fund Association; unreduced retirement requirements amended, deferred annuities augmentation restored, additional service credit provided, postretirement adjustments modified, employer contributions increased, pension adjustment revenue increased for school districts, and money appropriated.
Foreign citizens employed by public employers on a H-1B, H-1B1, or E3 visa authorization to purchase service credit for a prior period of employment as an excluded employee
Augmentation restoration of deferred annuities for members who left public employment before January 1, 2019
Public employees police and fire retirement plan; payment of normal retirement annuity without reduction or suspension upon employment or reemployment on or after 5 years of age permitted.