Retirement For Law Enforcement In Minnesota
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FAQ
Retirement age You can start collecting full retirement benefits when you are age 55. Most employees can begin collecting a reduced monthly benefit at age 50 or later.
You are eligible for monthly benefits, or what we call vested, after five years of service if you were first hired after June 30, 2010. If you were first hired before July 1, 2010, you are eligible for monthly benefits after three years of service.
Approved by state lawmakers in 2023, the Minnesota Secure Choice Retirement Program will allow employees who don't have access to a retirement savings plan, such as a 401(k), at their jobs to contribute to an individual retirement account via automatic payroll deductions.
The age 62 with 30 years of service and the Rule of 90 provisions are early normal retirement age Minnesota public pension plan provisions, where a benefit unreduced for early retirement is provided at an age before the generally applicable normal retirement age.
Misjoinder and Nonjoinder of Parties. Misjoinder of parties is not ground for dismissal of an action. Parties may be dropped or added by order of the court on motion of any party or upon the court's own initiative at any stage of the action and on such terms as are just.
Rule of 90 Benefit Tier. Plan members first hired before July 1, 1989, if their age plus years of service total the sum of 90, are eligible to receive a benefit accrual formula rate of 1% for each of the first ten years of service, followed by 1.5% per year thereafter, with no early retirement reduction.
You must have worked a minimum of three years in public service (five years if first eligible for PERA after June 30, 2010). If you terminated your public service at any time, a minimum of two of the years required for vesting must have been earned since last becoming a member.
