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.
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 form in the next month and will be required to report worker’s compensation received in 2024.
>>Beginning in 2027, Correctional duty disability benefits will remain non-taxable when they convert to retirement benefits. More information will be shared with impacted members when we get closer to this date.
Review Other Employee Benefits
The Secure 2.0 Act of 2022 now includes correctional officers in the federal definition of public safety employees. Review your employee benefits for other impacts with this law change.
