SF2980 (Legislative Session 94 (2025-2026))
Public Employees Retirement Association provisions modifications
Related bill: HF2386
AI Generated Summary
Purpose of the Bill
The bill aims to update and clarify the administrative rules concerning the retirement plans managed by the Public Employees Retirement Association (PERA) of Minnesota. These changes are intended to ensure consistent application of membership criteria and benefit calculations.
Main Provisions
Salary Threshold for Coverage: The bill establishes that the monthly salary requirement for public employees to participate in retirement plans must be specified before employment begins. Employees earning over $425 monthly in any government position must join the relevant retirement plan.
Membership Election for Officials: Elected or appointed public officials wishing to join the general employees retirement plan must follow a more clearly defined election process. This includes specifying a 60-day period to file elections with the association.
Duty Disability Benefits: The bill clarifies how increased benefit multipliers are applied to members of local government correctional retirement plans who qualify for duty-related disability benefits.
Existing Plan Membership: Employees already participating in retirement plans as of specific past dates will retain their membership status, ensuring continuity for those who met previous requirements.
Significant Changes to Existing Law
The definition of included employees has been expanded to ensure it encompasses more job positions and employment scenarios, including detailed roles such as county sheriffs and full-time employees of various county and regional entities.
The bill requires immediate participation in retirement plans if salary expectations exceed $425 monthly, altering the previous conditions for when employment begins.
It stipulates all public employees, including those formerly part of the Minneapolis Employees Retirement Fund as of June 29, 2010, are integrated into the general employees retirement plan.
Relevant Terms
Public employees, PERA, retirement plans, salary threshold, duty disability benefits, membership election, Minnesota Employees Retirement Fund, elected officials, duty-related disabilities.
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 26, 2025 | Senate | Floor | Action | Introduction and first reading | |
| March 26, 2025 | Senate | Floor | Action | Referred to | State and Local Government |
Citations
[
{
"analysis": {
"added": [
"Clarification that elected or appointed officials must elect coverage and file membership election forms within a specified time."
],
"removed": [
""
],
"summary": "The bill amends existing provisions regarding mandatory membership in retirement plans for certain public employees under section 353.01.",
"modified": [
"Specifies salary threshold and timing for membership eligibility."
]
},
"citation": "353.01",
"subdivision": "subdivisions 2a, 2b, 2d"
},
{
"analysis": {
"added": [
""
],
"removed": [
""
],
"summary": "Adjustments related to the eligibility criteria for certain positions according to section 353.028.",
"modified": [
"Clarification on the definition and application of city manager roles and their retirement plan options."
]
},
"citation": "353.028",
"subdivision": "subdivisions 2, 3"
},
{
"analysis": {
"added": [
""
],
"removed": [
""
],
"summary": "Amendments regarding the termination notifications in the context of public employees evident from section 353.34.",
"modified": [
"Details surrounding termination processes for maintained membership and notifications."
]
},
"citation": "353.34",
"subdivision": "subdivision 5"
},
{
"analysis": {
"added": [
""
],
"removed": [
""
],
"summary": "Refinement of statutes governing the public employees defined contribution plan under section 353D.02.",
"modified": [
"Adjustments to language for consistency in application processes and options available to physicians."
]
},
"citation": "353D.02",
"subdivision": "subdivisions 1, 2, 3, 4, 5, 6, 7"
},
{
"analysis": {
"added": [
""
],
"removed": [
""
],
"summary": "Clarifies application of duty disability benefits for local government correctional retirement plans as per section 353E.06.",
"modified": [
"Clarified the process and eligibility for increased multipliers related to disability benefits."
]
},
"citation": "353E.06",
"subdivision": "subdivision 1"
}
]