Benefits Administration

Public Service Center
250 4th Street S., Room 100
Minneapolis, MN 55415
Ph: (612) 673-2282                        Fax: 612-284-7989

 

Saving For Retirement

City of Minneapolis employees have access to a variety of resources to help financially prepare for retirement:
 

MSRS Deferred Compensation Plan

The Minnesota State Deferred Compensation Plan allows eligible employees to accumulate additional retirement savings on a tax-favored basis through automatic payroll deductions. 

Pension Plan

Most City employees are automatically enrolled in the Public Employees Retirement Association (PERA). This retirement plan provides pension, disability, and survivor benefits. You and your employer both contribute a percentage of your pay to fund future benefits. Contribution percentages are determined by Minnesota law. Closed Pension Plans and Supplemental Union Pension Plans may also be available.

Health Care Savings Plan

The Health Care Savings Plan allows eligible employees to save money, tax-free, to pay for eligible health care expenses. Eligibility and contribution amounts are determined by your employee group.
 

 

Last updated Aug 10, 2017

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Accessibility:
For reasonable accommodations or alternative formats, contact 311.
People who are deaf or hard of hearing can use a relay service to call 311 at 612-673-3000.
TTY users can call 612-673-2157 or 612-673-2626.

Para asistencia 612-673-2700, Yog xav tau kev pab, hu 612-637-2800, Hadii aad Caawimaad u baahantahay 612-673-3500. 

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