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Mandate Details

Description: Report stating the number of employees who elected a transfer during the prior calendar year; and the total amount transferred by each eligible person (without identifying them) from the eligible person's account in the individual retirement account plan and other sources to purchase past service credit. and the offset amount, if any.
Law: 2024 Minn. Laws Chap. 102 Art. 1 Sec. 7 Subd. 10
Statute: 354B.215 Subd. 10
Agency(ies)/Supplier(s): Minn. State
Teachers Retirement Association
Due Date: 01/31/2026
Frequency: Annual
Subjects: Retirement Income - Pensions
Committee/Agency Jurisdiction: Legislative Commission on Pensions and Retirement

Item(s) Received

TitlePublisher(s)Publication DateCoverageDate ReceivedReport Link
Report on Employees that Elected to Transfer Retirement Coverage from the Individual Retirement Account Plan to the Teachers Retirement Association Minn. State February 5, 2025as of January 31, 202502/28/2025 25-0600.pdf