Bill
Bill > SF5181
summary
Introduced
04/20/2026
04/20/2026
In Committee
04/20/2026
04/20/2026
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to retirement; creating a career rule for teachers aged 60 with 30 years of service; amending Minnesota Statutes 2025 Supplement, sections 126C.10, subdivision 37; 354.42, subdivision 3; 354.44, subdivision 6.
AI Summary
This bill modifies provisions related to teacher retirement benefits in Minnesota. Specifically, it amends laws concerning pension adjustment revenue for school districts, employer contributions to the Teachers Retirement Association (TRA), and the calculation of retirement annuities. The key change is within the calculation of retirement annuities, where it introduces a new provision for members who are at least age 60 and have at least 30 years of service. For these individuals, the early retirement reduction factor is removed, meaning their annuity will be calculated as the normal annuity without a penalty for retiring before the standard retirement age. This aims to provide a more favorable retirement option for experienced teachers nearing the end of their careers.
Committee Categories
Government Affairs
Sponsors (3)
Last Action
Authors added Kupec; Mann (on 04/22/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/94/2026/0/SF/5181/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/SF/5181/versions/0/pdf/ |
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