PERA - Public Employees Retirement Association
Eligibility
Membership in PERA is mandatory for non-elected public employees who meet position eligibility requirements set by Minnesota statute.
Contributions
You and your employer both contribute to PERA on your behalf. You currently contribute 6 percent of your gross salary. SPPS contributes 6.75% in 2009 and 7% in 2010.
Taxes on Your Contributions
Federal and State income taxes on PERA contributions have been deferred for many years. Thus, most of your PERA benefits (or a refund unless placed in another tax-deferred program) will be taxable when they are received.
Contact Info
Mailing Address: 60 Empire Drive #200, St Paul MN 55103-2088
Phone #: 651-296-7460
Fax #: 651-297-2547
Click here for complete copy of the Coordinated Plan Handbook.
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