Bill
Bill > HF5031
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 establishes a new "career rule" for teachers in Minnesota, allowing those who are at least 60 years old and have completed 30 years of service to receive their full retirement annuity without early retirement reductions. This change primarily impacts how retirement benefits are calculated for these experienced teachers, specifically by amending provisions related to pension adjustment revenue for school districts and the computation of retirement annuities for members of the Teachers Retirement Association (TRA). The bill also makes minor adjustments to employer contribution rates for certain school districts.
Committee Categories
Government Affairs
Sponsors (5)
Last Action
Author added Frazier (on 04/23/2026)
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/HF/5031/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/HF/5031/versions/0/pdf/ |
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