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Bill > SF1986


MN SF1986

Unreduced early retirement annuity for probation agency employees authorization; probation agency employee contributions increase authorization


summary

Introduced
02/27/2025
In Committee
02/27/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to retirement; authorizing an unreduced early retirement annuity for probation agency employees; increasing employee contributions for probation agency employees beginning January 1, 2026; amending Minnesota Statutes 2024, sections 352.01, by adding a subdivision; 352.04, subdivision 2; 352.116, by adding a subdivision; 353.01, by adding a subdivision; 353.27, subdivision 2; 353.30, by adding a subdivision.

AI Summary

This bill addresses retirement benefits for probation agency employees by creating a new category of workers defined as those employed by county or state agencies who work as probation officers, supervisory staff, or program managers providing community supervision services. The bill introduces several key provisions: first, it establishes an unreduced early retirement annuity for probation agency employees, allowing them to receive a full retirement benefit at age 60 or after 35 years of service without financial penalties; second, it increases employee contributions for this specific group of workers, with the exact percentage to be determined (marked with ellipses in the bill text); and third, it sets the effective dates for these changes as January 1, 2026, for defining probation agency employees and adjusting contribution rates, and January 1, 2028, for the new retirement annuity provisions. These changes are aimed at creating a more favorable retirement structure for probation agency employees, recognizing the unique nature of their public service work and potentially addressing retention and recruitment challenges in these critical roles.

Committee Categories

Government Affairs

Sponsors (3)

Last Action

Author added Abeler (on 04/22/2025)

bill text


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