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Showing posts from January, 2023

Have you received your PERA Ballot?

PERA is in the middle of the election for the new PERA Board. MNCORA President Wade Laszlo has been endorsed by the MNCORA Executive Board. We encourage you to vote for him.  He is running for the Retired, Disabled and Survivor beneficiary seat. If elected he would be the only retired CO on the PERA Board.  Ballots must be postmarked by January 31st. If you haven't received your ballot call PERA at 651 652-9026

Newest pension bills 1/23/23

 Here's the latest pension bills affecting retirees. MNCORA is encouraged many are bipartisan. HF604-Davis -- Income tax Allowing an unlimited income tax subtraction for Social Security benefits. HF557-Jacob SF544-Drazkowski Income tax Allowing an unlimited income tax subtraction for Social Security benefits. HF516-Dotseth -- Income tax Allowing an unlimited income tax subtraction for Social Security benefits. HF493-Robbins -- Income tax Allowing an income tax subtraction for all federally taxable Social Security income; other income tax provisions. HF404-Howard SF361-Jasinski P&F state aid Makes various policy and technical changes to the fire state aid and police state aid programs. HF300-Lislegard SF15-Putnam Income tax Establishing an income tax subtraction for public pension benefits. HF199-Engen -- Income tax Allowing an unlimited income tax subtraction for Social Security benefits. HF171-Davids SF16-Gustafson Income tax Establishing an income tax subtraction for Social S...

Comparison of Minnesota Public Safety Pensions

  Source LCPR

Update on new Pension Bills

There are now many bills being introduced in the House and Senate that will affect retirees. Some seek to eliminate State Tax on Public Employee Pensions, some to eliminate State tax on Social Security. Some both! https://www.lcpr.mn.gov/billlog.htm MNCORA supports all of these and has let the Senators and Representatives know. We encourage all of you to contact your legislators and thank them! Don't know who represents you? Click here: https://www.gis.lcc.mn.gov/iMaps/districts/

New Pension Bills

There are already 4 Bills in the Minnesota Senate that will benefit retirees. See below- Here's the link to read the Bills  https://www.lcpr.mn.gov/billlog.htm Some exempt Social Security from State Income Tax, others exempt our pension from State Income Tax There is currently no House companion Bill to any of these.  MNCORA is contacting Senators and Representatives voicing our support.  We encourage all of you to contact yours too. 

Vote Wade Laszlo for the PERA Board

   I am running for the Public Employees Retirement Association Board  ( PERA ). Ballots will be arriving at your home January 2-10, 2023. If elected I will represent the Retirees, Disabled and Survivor beneficiaries of the PERA pension with all of the passion I have given to the members in my previous stewardship's . I would greatly appreciate your vote. Experience : Detention Deputy,  Hennepin County Sheriff's Office ,   Hennepin County Jail 1990 to 2016. Union Steward  Teamsters Local 320 mid 1990's - 2011. Elected as a  National Delegate  to the 2011 International Brotherhood of Teamsters Convention. Union Steward  Minnesota Public Employees Association (MNPEA) 2011-2015. Served as an  advisor to the Minnesota Senate's   Telecommunicators Pension Benefits Working Group   2021. President Minnesota Correctional Officer Retirement Association   MNCORA   Over the years I have negotiated numerous Labor Contra...