Public Employees Retirement Association (PERA)
Membership in PERA is mandatory for non-elected public employees who meet position eligibility requirements set by Minnesota statute.
You and your employer both contribute to PERA on your behalf. In 2016 and 2017 employee contributions are 6.5% of eligible wages and employer contributions are 7.5% of eligible wages.
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.
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.