Contribution rates are increasing this summer for two of the retirement savings plans. Both the employee and employer contributions are increasing for the MSRS General Employees Retirement Plan. The employer contribution to Teachers Retirement Association (TRA) is also increasing. Read More...
The post-retirement employment legislation (M.S. 43A.346) provides an additional option for agencies to retain critical retiree skills and organizational knowledge and allows appointing authorities to decide individually whether to exercise that option. The appointing authority retains sole authority to determine when an offer of post-retirement employment will be extended. Read more...
