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2.2 % update

Today the Pension Commission heard HF 4081 (Stephenson); SF 4092 (Gustafson): Public Employees Retirement Association (PERA) Correctional Plan; Increasing the benefit multiplier from 1.9% to 2.2% for prospective service; increasing employee and employer contributions.

There was a very good speech in support by Anoka County Sheriff Wise. There was a letter of support from MNCORA and a letter against from the  Association of Minnesota Counties and Minnesota Inter-County Association.

Ultimately Chair Her had the Bill laid over. We don't know when or if it will be heard again.



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