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MN HF1779

MN HF1779
Unreduced early retirement annuity authorized for probation agency employees, and employee contributions increased for probation agency employees increased beginning January 1, 2026.


summary

Introduced
03/03/2025
In Committee
03/03/2025
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 modifies retirement provisions specifically for probation agency employees, introducing new definitions and benefits. The bill defines "probation agency employees" as county or state employees working as probation officers, supervisory staff, or program managers who provide community supervision services. Starting January 1, 2026, these employees will have a distinct employee contribution rate to their retirement fund, though the exact percentage is not specified in the bill text. Additionally, the bill provides a significant benefit by allowing probation agency employees to receive an unreduced early retirement annuity when they reach age 60 or have at least 35 years of service, effective January 1, 2028. This means these employees can retire earlier without facing financial penalties that typically accompany early retirement. The bill amends several sections of Minnesota Statutes related to the Public Employees Retirement Association, creating special provisions that recognize the unique nature and potential challenges of probation agency work. The changes aim to provide more favorable retirement options for these public service professionals.

Committee Categories

Government Affairs

Sponsors (10)

Last Action

Author added Fischer (on 03/26/2025)

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