PERA receives two GFOA Awards for Fiscal Year 17

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Welcome to our new site!

Website Redesign

 

PERA workshops are now set for the second half of 2018. You can register by visiting MY PERA or by calling us. See you at a workshop!

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Balancing Equity, Fairness, and Costs While Continuing to Improve Security and Stability

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The Summer 2018 PERA News is now available

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The website does not reflect changes passed in the 2018 Omnibus Retirement Bill.
Please click here to view a summary of the legislative changes.

The Latest from PERA

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  • PERA receives two GFOA Awards for FY17

    PERA has received two Government Finance Officers Association’s (GFOA) Awards in Fiscal Year 2017. The first award is for our Comprehensive Annual Finance…

  • Office Remodel Update

    Please excuse our mess in our St. Paul office. We are remodeling to provide a better experience for our members. You may…

  • 2018 Legislative Update

    The 2018 Omnibus Retirement Bill will reduce the State’s pension liabilities by $3.4 billion immediately with an additional estimated reduction of $2.7 billion…

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.