Benefit Recipients: your monthly payment was paid on Monday, Dec. 3

Payment Schedule

2019 Retirement benefit increases announced
Good news for retirees

 

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Board of Trustees votes on Phased Retirement Option (PRO)

 

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non-vested members

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The Latest from PERA

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There are more than 110,000 PERA members who are receiving benefits from PERA (retirees, disabled, survivors of deceased members).

“I’ve been a PERA member for 40 years. I didn’t first realize the importance of PERA in the beginning of my career, but now I do.”

About 65% of PERA’s revenue in the past 20 years is attributed to investment earnings.

96% of the revenue PERA receives goes directly to member benefits, 3% is refunded to members, and less than 1% used for administrative costs

PERA is the largest public pension plan in Minnesota serving more than 480,000 members.

Learn about your pension.

As a public employee, you are already contributing to your financial future. Watch this video to learn more about your pension.