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Showing posts from February, 2025

PERA updated our Correctional Plan on their website

MNCORA had asked PERA to update their website and let our members know of the changes to our plan especially the Federal change of our status to Public Safety Employee the same as police and fire. They promised to do this in February and have kept their word. Here's the link  https://mnpera.org/news/attention-correctional-members-important-plan-updates/ The changes due to the Secure Act 2.0 begin here: Disability Recipients Some recent changes may apply to your disability benefit: >>The Pension Protection Act of 2006 in conjunction with Secure 2.0 also allows correctional officers receiving disability benefits to reduce their taxable income by up to $3,000 annually in costs paid for qualified insurance premiums, such as health, dental, and long-term care. Contact a tax professional if you have any questions. >>As of January 1, 2025, Correctional disability benefits will no longer be reduced by worker’s compensation. Recipients will receive their 2024 annual earnings for...

New Bill for Corrections seat on the PERA Board

MNCORA thanks Representatives Peggy Scott and House Leader Harry Niska for Authoring HF708 in the House and senators Cal Bahr and Jim Abeler for authoring the bill in the Senate SF1556 . Next step is for the LCPR to hear this Bill. Here's a link to the Pension Committee (LCPR). It's very important to contact them and ask them to give it a hearing for it to move on. https://www.lcpr.mn.gov/members.htm

HF708 a Bill to add a CO to the PERA Corrections Board

 Bill HF708 was introduced in the House today. MNCORA thanks to Representative Peggy Scott and Leader Harry Niska. Scott and Niska introduced: H. F. 708,  A bill for an act relating to retirement; Public Employees Retirement Association; adding a member to the board of trustees who is a member of the local government correctional service retirement plan