Minnesota Senate Bill 4294 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on March 24 2022 - 25% progression, died in committee
Action: 2022-03-24 - Referred to State Government Finance and Policy and Elections
Pending: Senate State Government Finance and Policy and Elections Committee
Text: Latest bill text (Introduced) [PDF]

Minnesota State Retirement System plans, Public Employees Retirement Association plans, Teachers Retirement Association, Minnesota state higher education individual retirement account plan, and St. Paul Teachers Retirement Fund Association provisions changed; postretirement adjustment rates increased; employee contribution rates temporarily reduced; investment rate of return actuarial assumption reduced; direct state aid increased and extended to the public employees police and fire retirement plan, the St. Paul Teachers Retirement Fund Association, and the judges retirement plan; and money appropriated

Minnesota State Retirement System plans, Public Employees Retirement Association plans, Teachers Retirement Association, Minnesota state higher education individual retirement account plan, and St. Paul Teachers Retirement Fund Association provisions changed; postretirement adjustment rates increased; employee contribution rates temporarily reduced; investment rate of return actuarial assumption reduced; direct state aid increased and extended to the public employees police and fire retirement plan, the St. Paul Teachers Retirement Fund Association, and the judges retirement plan; and money appropriated

Sen. Nick Frentz [D]	Sen. Sandra Pappas [D]	Sen. Steve Cwodzinski [D]	Sen. Matt Klein [D]
Sen. Aric Putnam [D]

Date	Chamber	Action
2022-03-24	Senate	Referred to State Government Finance and Policy and Elections
2022-03-24	Senate	Introduction and first reading

HF4306 (Similar To) 2022-04-04 - Committee report, to adopt and re-refer to Ways and Means

Type	Source
Summary	https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF4294&ssn=0&y=2021
Text	https://www.revisor.mn.gov/bills/text.php?number=SF4294&version=0&session=ls92&session_year=2022&session_number=0&format=pdf