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Showing posts from December, 2025

Taking time off under the new State Statutes may impact your pension!

We are all aware of the new Minnesota Laws granting very generous paid time off. However looking at the PERA Agenda for December 11th there's a warning.  In their PERA Legislative Agenda it states: Minnesota Paid Leave Minn. Stat. 268.09 Subd. 6 (d)(3) addresses the impact of the paid leave law on pensions. Under this section, the employee cannot be penalized for vesting and eligibility purposes. PERA does not require an employee to be employed on a specific date to be credited with a year of service for vesting, contributions, or participation and PERA allocates service credit on a monthly basis. PERA grants service credit if the member earns PERA eligible salary in a month. We do not prorate service credit.  Since paid family and medical leave payments are provided by a third-party administrator, in this case the State, PERA is unable to collect contributions on these payments. Applying PERA's current statute, state paid family and medical leave program payments are not el...