The majority of City employees are required by State law to participate in pension plans administered by the Public Employees Retirement Association (PERA). These plans provide pension, disability and survivor benefits that are based on your earnings history and covered service (with the City and with other public employers). You and the City both contribute a percentage of your pay to fund future benefits. Contribution rates are set by State law and change periodically to reflect changes in benefits and funding needs.
- The PERA Coordinated Plan includes public employees who are subject to the rules and regulations of Social Security.
- The PERA Police and Fire Plan, includes public employees who serve as police officers and firefighters. Members of this plan are not subject to Social Security but they do pay Medicare taxes.
Eligible members of the PERA Coordinated Plan may enter Phased Retirement and begin to receive a PERA pension without separating from service as long as they agree to reduce hours worked and to retire at the end of the phased retirement period.
Closed Pension Plans
City employees may, instead, participate in a pension plan that is closed to new members. For questions about these plans, please see the contact information below.
- Minneapolis Police Relief Association, (612) 378-1449
- Minneapolis Fire Relief Association, (612) 331-4255
- Minneapolis Employee Retirement Fund (MERF) , 651-296-7460
- Defined Contribution Retirement Plan (Union Central), 1-800-825-4546
Supplemental Union Plans
Certain union-represented employees participate in supplemental, union sponsored pension plans. Contact information for those plans is listed below:
- Central Pension Fund of the IUOE, 1-202-362-1000
- Laborers International Union of North America (LIUNA), 1-800-544-7422
- Plumbers National Pension Fund , 1-800-638-7442
Last updated Jul 20, 2015