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Pending Pension/Retirement Bills

2025-2026 Session Pension and Retirement Bills

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2025 Session Pension and Retirement Bills

Listed in descending Senate file order with recent intros appearing first, then House bills with no Senate companion, and Draft bills not introduced but with an LCPR hearing.      
Last updated: Mar. 26, 2025

Senate File House File Plan Description
LCPR Hearing
and Action
Summary/
Fiscal Note
SF2992-Pratt HF2329-Nadeau TRA Expanding the current special early retirement reductions for teachers age 62 with 30 years to age 60 with 30 years for Tier II teachers.    --       --   
SF2985-Pappas HF2942-Nadeau MN Secure Choice
Retirement Program
Administrative bill. 3/25/2025 ‑ Passed as amended (as #25‑04680) Summary
SF2984-Pappas HF2943-Naadeau MN Secure Choice
Retirement Program
Adding penalties for noncompliance. 3/25/2025 ‑ Passed as amended (as #25‑04681) Summary
SF2980-Seeberger HF2386-O'Driscoll PERA PERA 2025 administrative bill. 3/25/2025 ‑ Passed as amended Summary
SF2884-Frentz HF1889-O'Driscoll MSRS; all plans Minnesota State Retirement System (MSRS) administrative bill. 3/18/2025 - Passed Summary
SF2752-Maye Quade HF2395-Huot Lump-sum VFRAs Increasing the maximum lump-sum pension amount for each year of service. 3/18/2025 - Passed Revised summary
SF2523-Cwodzinski HF2341-Clardy TRA Unreduced annuity at age 60 with 30 years service, reducing the early retirement reduction, increasing COLAs, removing the COLA delay, increasing employer contributions, increasing the pension adjustment revenue, appropriation.    --       --   
SF2379-Rasmusson HF2022-Berg Higher ed supplemental plan Increasing the higher education supplemental retirement plan employer match maximum from $2,700 to $4,300. 3/25/2025 ‑ Passed Summary
SF2000-Gustafson HF1582-Wolgamott TRA Unreduced annuity at age 60 with 30 years of service, reduce early retirement reduction factors, increase COLAs & remove delay, increase employer contributions, increase school district pension adjustment revenue, appropriate money.    --       --   
SF1986-Kupec HF1779-Wolgamott MSRS General, PERA General Unreduced early retirement annuity for probation agency employees at age 60 or with 35 years of service, employee contribution increase. 3/25/2025 ‑ Amended, laid over Summary
SF1937-McEwen -- MSRS, PERA, TRA, St. Paul Teachers Restores deferred annuities augmentation for members who left public employment before January 1, 2019.    --       --   
SF1556-Bahr HF708-Scott PERA Adding a correctional plan member to the Public Employees Retirement Association board of trustees. 3/25/2025 ‑ Laid over Summary
SF1341-Pappas HF1828-Cha VFRAs Implementing the recommendations of the State Auditor's fire relief association working group. 3/18/2025 - Passed Summary
SF1213-Miller HF2117-Repinski Minnesota State IRAP Requiring Minnesota State to locate an eligible person's missing IRAP account or pay the eligible person $25,000.    --       --   
SF1122-Frentz HF139-O'Driscoll PERA P&F, State Patrol Increasing postretirement adjustments; decreasing the waiting period for a postretirement adjustment for the police and fire plan. 4/1/2025 - Scheduled    --   
SF356-Lieske -- PERA P&F Increasing the reemployment earnings limit applicable to disability benefit payments.    --       --   

House bills with no Senate companion:

-- HF2821-O'Driscoll PERA General Modifying the circumstances under which the additional employer contribution is repealed; increasing postretirement adjustments. 4/1/2025 - Scheduled    --   
-- HF2318-Nadeau TRA Increasing the pension adjustment revenue; increasing employer contributions; unreduced retirement annuity at age 62 with 30 years of service; appropriating money.    --       --   
-- HF2237-O'Driscoll MSRS Increasing the formula multiplier for the general plan; and increasing the postretirement adjustment for the general, legislators, and unclassified plans. 3/25/2025 - Passed
3/18/2025 - Laid over
Summary
-- HF1339-Repinski PERA P&F Permitting the payment of a normal retirement annuity without reduction or suspension upon employment or reemployment on or after age 55.    --       --   

Draft bills not introduced but with an LCPR hearing:

2025 bills will appear here if heard by the Commission
Document #LCPR25-009 All plans Amortization Work Group bill. 4/1/2025 - Scheduled    --   
Document #LCPR25-030 Firefighter Relief Associations Repealing the Investment Business Recipient Disclosure annual reporting requirement. 4/1/2025 - Scheduled    --   
Document #LCPR25-031 PERA Expanding the privatization chapter to cover all governmental subdivisions that privatize, not just medical facilities; modifying the withdrawal liability calculation. 4/1/2025 - Scheduled    --   

Other bills that may be of interest to public employees, retirees, and other interested parties

Senate File House File Plan/Subject Description
SF2012-Rasmusson HF2268-Joy Income taxes Providing for a subtraction of income from certain retirement plans (IRC Sec. 401 or 408 plans).
SF2011-Rasmusson HF2081-Joy Income taxes Establishing an unlimited Social Security subtraction.
SF1239-Limmer -- Income taxes Establishing an unlimited Social Security subtraction.
SF1231-Draheim -- Income taxes Establishing an unlimited Social Security subtraction.
SF1159-Howe HF1015-Perryman Income taxes Establishing a full subtraction of taxable Social Security benefits for veterans and surviving spouses.
SF952-Nelson -- Income taxes Phasing out the amount of Social Security income subject to tax.
SF940-Nelson -- Income taxes Establishing an unlimited Social Security subtraction.
SF851-Lucero HF2806-Hudson SBI Prohibiting the State Board of Investment from investing in and requiring divestment from companies that boycott mining, energy production, production agriculture, or commercial lumber production. The Stop Environmental Social Governance (ESG) and Social Credit Score Discrimination Act.
SF431-Draheim -- Income taxes Establishing an income tax subtraction for volunteer fire and rescue workers.
SF235-Miller HF100-Repinski Income taxes Allowing an unlimited Social Security subtraction.
SF186-Gustafson -- Income taxes Establishing a refundable credit for certain teachers.
SF104-Drazkowski -- Income taxes Allowing an unlimited Social Security subtraction.
SF22-Gruenhagen -- Income taxes Allowing an unlimited Social Security subtraction.
SF4-Rarick HF347-Nelson Income taxes Expanding the subtraction for military retirement pay.
-- HF1000-McDonald Income taxes Establishing an unlimited Social Security subtraction.
-- HF828-Dotseth Income taxes Establishing an unlimited Social Security subtraction.
-- HF760-Robbins Income taxes Allowing an unlimited Social Security subtraction.
-- HF741-Olson Income taxes Establishing an income tax subtraction for volunteer fire and rescue workers.
-- HF316-Nadeau Income taxes Permitting a limited subtraction for income received from a retirement savings plan.
-- HF236-Schultz Income taxes Providing for a full subtraction of taxable Social Security benefits for veterans and surviving spouses.
-- HF167-Robbins Income taxes Allowing an unlimited Social Security subtraction.