Minnesota Legislature
2024 Session Pension/Retirement Bills
Jump to other bills that may be of interest
2024 Session Active Pension/Retirement Bills
For bills that passed in 2023, go to the 2023 Pension and Retirement Bills page
Listed in descending House File order with recent intros appearing first, then Senate bills with no House companion, and Draft bills not introduced but with an LCPR hearing.
Last updated: 4/8/2024
| House File | Senate File | Plan | Description | Hearing |
Summary/ Fiscal Note |
LCPR Action |
|---|---|---|---|---|---|---|
| HF5311-Author | SF5197-Pappas | MSRS | Authorizing foreign citizens employed by public employers on a H-1B, H-1B1, or E3 visa to purchase service credit for a prior period of employment as an excluded employee. | 4/2/2024 | Summary | Passed |
| HF5292-Nelson, M. | SF5227-Rasmusson | All plans | Resolving a conflict in the statute that dictates the established date for full funding; deleting obsolete provisions. | 4/2/2024 | Summary | Amended, passed |
| HF5250-Her | SF5324-Frentz | TRA | Reducing employee contributions by 0.25% for one year; one-time general fund transfer. | -- | -- | -- |
| HF5137-Wolgamott | -- | PERA P&F | Permitting payment of a normal retirement annuity without reduction or suspension upon employment or reemployment on or after age 55. | 4/2/2024 | Summary | Amended, laid over |
| HF5040-Her | SF4643-Frentz | MnState IRAP, TRA |
IRAP to TRA Work Group bill. | 2/19/2024 Heard as Revisor #24-06717 |
Summary | Amended, passed |
| HF5039-Cha | SF5062-Rasmusson | PERA SVF | Adding a defined contribution plan and making administrative changes. | 3/18/2024 | Summary | Passed |
| HF4933-Nadeau | SF4968-Pappas | TRA, St. Paul Teachers | Extending the earnings limitation suspension for FY2025, 2026, and 2027 for retired teachers who return to work. | 3/18/2024 | Summary | Passed |
| HF4899-O'Driscoll | SF5073-Westlin | PERA Defined Contribution | Defined contribution plan federal compliance. | 3/18/2024 | Summary | Amended, passed |
| HF4796-Wolgamott | SF4958-Seeberger | PERA Correctional | Adding 911 telecommunicators to plan coverage; modifying the vesting requirements for public safety telecommunicators; modifying the definition of 911 telecommunicator. | -- | -- | -- |
| HF4666-Wolgamott | SF4878-Frentz | PERA P&F | Increasing the post-retirement adjustment; decreasing the waiting period for a post-retirement adjustment. | 4/2/2024 | Summary | Laid over |
| HF4656-Pursell | SF4759-Westlin | Supplemental Plans | Allowing employer matching contributions on account of an employee's qualified student loan payments under Secure 2.0; modifying other provisions for supplemental deferred compensation plans. | 3/11/2024 | Summary | Passed |
| HF4590-Engen | SF4722-Duckworth | PERA P&F | Increasing the survivor benefit for members who die in the line of duty. | -- | -- | -- |
| HF4553-Tabke | SF4645-Hauschild | State Patrol plan | Codifying the right to return to employment and continue receiving an annuity. NOTE: HF4553 was passed as amended by the House State & Local Govt. committee on 3/19/24. | 3/11/2024 | Summary | Amended, Laid over for possible omnibus bill inclusion |
| HF4539-Frederick | SF4424-Pappas | MSRS Correctional | Adding “baker,” “cook,” “culinary supervisor,” and “kitchen supervisor” to the positions eligible for coverage; permitting the purchase of past service credit. | 3/4/2024 | Summary | Laid over for possible omnibus bill inclusion |
| HF4429-Nelson, M. | SF4751-Seeberger | PERA General & Correctional | Modifying the limitation on disability benefit payments by eliminating an offset for income received from workers' compensation. | 3/11/2024 | Summary | Passed |
| HF4428-Nelson, M. | SF4606-Rasmusson | PERA | Modifying the calculation of withdrawal liability for privatizing medical facilities, requiring a report. | 3/11/2024 | Summary | Passed |
| HF4427-Robbins | SF4622-Limmer | State Patrol | Authorizing the surviving spouse of deceased state employee to receive survivor annuity and back pay. | -- | -- | -- |
| HF4358-Brand | SF5288-Frentz | MSRS Correctional | Modifies and adds various positions to the list of covered positions. | 4/2/2024 | Summary | Amended, laid over for possible omnibus bill inclusion |
| HF4342-Niska | SF4464-Bahr | PERA | Adding a correctional plan member to the board of trustees. | -- | -- | -- |
| HF4297-Berg | SF4604-Nelson | PERA P&F | Public Employees Police and Fire Retirement Plan (PERA P&F); Revising eligibility for firefighters. | 2/26/2024 Heard as Revisor #24-07097 |
Summary | Laid over for possible omnibus bill inclusion |
| HF4270-Becker-Finn | SF4319-Pappas | Secure Choice | Modifies requirements applicable to the board of directors; authorizes the appointment of an interim executive director; makes technical corrections. | 3/4/2024 | Summary | Passed |
| HF4248-Moller | SF4765-Pappas | Secure Choice | Permit home and community-based services employees to participate in the Secure Choice program. | 3/4/2024 | Summary | Amended, passed |
| HF4081-Stephenson | SF4092-Gustafson | PERA Correctional | Increasing the multiplier used to calculate the annuity amount; increasing employee and employer contribution rates. | 3/18/2024 | Summary | Laid over |
| HF3972-Wolgamott | SF4196-Gustafson | TRA | EdMinnesota 2024 bill; reduces early retirement reductions; increases in employer contribution; funded with state aid (pension adjustment revenue) to school districts. | 3/18/2024 | Revised Summary | Laid over |
| HF3956-Berg | -- | MSRS | MSRS 2024 Administrative bill. | 2/19/2024 | Summary | Passed |
| HF3930-Frederick | SF3761-Frentz | MSRS Correctional | Adds the position of music therapist to the list of covered positions; permits past service credit purchase. | 3/4/2024 | Summary | Laid over for possible omnibus bill inclusion |
| HF3808-Nadeau | SF4348-Pratt | TRA | Unreduced annuity at age 62 with 30 years of service, employee contribution increase. | 3/18/2024 | Summary | Laid over |
| HF3675-Wolgamott | SF3822-Kupec | MSRS General | 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. | 3/18/2024 | Summary | Amended, laid over |
| HF3636-Cha | SF3574-Pappas | Volunteer Firefighters | State auditor's volunteer firefighter working group recommendations. | 2/26/2024 | Summary | Passed |
| HF3294-Wolgamott | SF3314-Cwodzinski | TRA | Lowering the normal retirement age to age 64; increasing employee and employer contributions for TRA and the Higher Education Individual Retirement Account Plan. | 5/4/2023 | Summary | No action taken. |
| HF3286-Nelson, M. | SF3316-Frentz | VFRAs | State Auditor's 2023 volunteer firefighter working group recommendations. | -- | -- | -- |
| HF3212-Nelson, M. | SF3179-Frentz | State Patrol; PERA P&F | Reducing employee contribution rates; increasing postretirement adjustments; modifying vesting and return to work requirements, decreasing the employer contribution rate, and adding a supplemental employer contribution for the public employees police and fire retirement plan; reducing the investment rate of return actuarial assumption; reducing interest rates; increasing and adding direct state aids. | -- | -- | -- |
| HF3181-Davids | SF3177-Murphy | TRA, St. Paul Teachers | Rule of 90. | -- | -- | -- |
| HF2940-Klevorn | SF2979-Murphy | Most plans | State government finance bill; contains appropriations for the plans and a one-time post-retirement adjustment of 2.5% in 2024. | -- | -- | No action taken. |
| HF2780-Garofalo | SF2833-Lieske | PERA Police & Fire | Increasing the reemployment earnings limit applicable to disability benefit payments. | -- | -- | -- |
| HF2713-Nelson, M. | SF23714-Frentz | PERA | Increase postretirement adjustments for members receiving a basic (no social security) member annuity from the PERA general plan; providing funding. | 3/20/2023 | Summary | No action taken. |
| HF2308-Wolgamott | SF1910-Frentz | MnState IRAP | Increases the Higher Educcation Individual Retirement Account Plan (IRAP) employer contribution rate. | 2/27/2023 | Summary | No action taken. |
| HF2222-Wolgamott | SF1938-Frentz | TRA, St. Paul Teachers | Providing for unreduced retirement at age 62 or with 35 years of service; restoring deferred annuities augmentation for teachers; providing additional service credit for school employees; modifying postretirement adjustments to tie increases to inflation; increasing employer contributions; increasing the pension adjustment revenue for school districts; appropriating money. | 3/06/2023 | Summary | No action taken. |
| HF859-Frazier | SF1400-Rest | TRA | Remove cap on pay for teachers working for Education Minnesota. | -- | -- | -- |
| HF778-Elkins | -- | PERA Police & Fire; State Patrol | Public safety disability; increase COLA to 3% for disability benefit recipients; individual income tax subtraction for certain duty disability benefits. | -- | -- | -- |
Senate bills with no House companion: | ||||||
| -- | SF4825-Lucero | PERA | Permitting members who purchase or previously purchased service credit for a period of military service that began before July 1, 1989, to elect to use the service to qualify for rule of 90 retirement; modifying the calculation of the purchase price for a period of military service that began before July 1, 1989. | -- | -- | -- |
| -- | SF3673-Rasmusson | TRA | Repeals the extension of TRA’s amortization period (changes it from 2053 back to 2048). | -- | -- | -- |
| -- | SF1386-McEwen | MSRS, PERA, TRA, SPTRFA | Restores deferred annuities augmentation for members who left public employment before January 1, 2019. | -- | -- | -- |
| -- | SF1286-Pappas | St. Paul Teachers | Reducing the investment rate of return assumption and providing funding. | -- | -- | -- |
| -- | SF972-Howe | PERA | Modifying disability application procedures. | -- | -- | -- |
Draft bills not introduced but with an LCPR hearing: | ||||||
| Revisor #24-08106 | All plans except MSRS | Changing the lookback for the full funding threshold from one year to three years.. | 4/2/2024 | Summary | Passed | |
Other bills that may be of interest to public employees, retirees, and other interested parties
| House File | Senate File | Plan/Subject | Description |
|---|---|---|---|
| HF4790-Berg | SF4859-Pappas | State Board of Investment | Mitigate exposure to systemic risks such as climate change and economic inequality. |
| 4775-Nadeau | -- | Individual income tax | Permitting a limited subtraction for income received from a retirement savings plan. |
| HF1902-Hudson | SF940-Lucero | SBI | The Stop Environmental Social Governance (ESG) and Social Credit Score Discrimination Act. Prohibits the State Board of Investment from investing in companies that boycott mining, energy production, production agriculture, or commercial lumber production; requires divestment. |
| HF707-Koznick | SF1225-Lucero | SBI | Prohibiting the State Board of Investment (SBI) from investing in certain assets that exclude Minnesota-based energy or natural resources companies or Minnesota-based agricultural or livestock companies; requiring divestment of these assets; prohibiting certain types of discrimination in financial services. |
| HF404-Howard | SF361-Jasinski | P&F state aid | Makes various policy and technical changes to the fire state aid and police state aid programs. |
| HF2939-Wolgamott | SF1294-Howe | Disabled peace officers health coverage | Requiring the state to fully fund costs related to the continuation of health insurance coverage for certain disabled or deceased peace officers or firefighters; appropriation. |