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PERA administers three defined benefit plans—The General Plan, the Police & Fire Plan, and the Correctional Plan. PERA also administers the Statewide Volunteer Firefighter Retirement Plan (SVFRP) and the Defined Contribution Plan (DCP).

General Plan: Members of this plan include employees from cities, counties, and school districts. The General Plan is PERA’s largest plan.

Police & Fire Plan: Members of this plan include most local governmental firefighters and law enforcement officers who meet job-related duties specified by statute.

Correctional Plan: Members of this plan are responsible for the security, custody, and control of the correctional facilities and the inmates.

SVFRP: Members of this plan are volunteer firefighters who provide service to a municipal fire department or an independent nonprofit firefighting corporation. It is a voluntary plan.

DCP: Members are physicians, elected local government officials, city managers, and governmental volunteer ambulance service personnel.

 

The plan handbooks contain detailed information about your plan and your benefits.  To learn more about your benefits and your plan, see the plan handbooks below.

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

Minnesota PERA serves over 480,000 members.

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

89% of benefit payments are made to Minnesota residents.

*estimate based on June 2017 payments

PERA has over 2,500 contributing employers that consist of public and charter schools, cities, county-related, townships, and hospitals and nursing homes.

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