Minnesota Legislature
2018 Omnibus Retirement Bill
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Impact of the 2018 Omnibus Pension Bill by retirement system
Click on the retirement system logo below to go to the fact sheet for its retirement plan(s):
Chapter 211 S.F. 2620 (Rosen/O'Driscoll), 1st Unofficial Engrossment
| Status: | Passed |
|---|---|
| 5/31/2018 | Signed by the Governor |
| 5/21/2018 | Presented to the Governor |
| 5/20/2018 | Repassed by the Senate as amended by the House (67-0), Senate Journal, pp. 10613-10615 |
| 5/20/2018 | Passed by the House (131-0), House Journal, page 11837-11838 |
| Senate Status: | Repassed as amended by the House (67-0) S.F. 2620, First Unofficial Engrossment |
|---|---|
| 3/26/2018 | Senate Floor: Passed as amended (66-0) (S.F. 2620 (Rosen), 2nd Engrossment) |
| 3/22/2018 | Finance Committee - Passed (1st Engrossment) |
| 3/15/2018 | State Government Finance and Policy and Elections Committee - Passed as amended (delete-all S2620-8A), re-referred to Finance |
| House Status: | Passed (131-0) S.F. 2620, First Unofficial Engrossment |
|---|---|
| 5/20/2018 | House Floor: Passed |
| 5/14/2018 | Ways and Means Committee Passed, referred to the General Register |
| 5/11/2018 | State Government Finance Committee - Passed as amended (S.F. 2620, First Unofficial Engrossment) |
| 5/08/2018 | Rules Committee - Joint Rule 2.03 Regarding Deadlines waived, re-referred to State Government Finance. |
| 5/07/2018 | Government Operations and Elections Policy Committee - Passed, re-referred to State Government Finance Committee |
| 3/26/2018 | S.F. 2620 received from the Senate, referred to Government Operations and Elections Policy Committee |
| LCPR Status: | Passed |
|---|---|
| 5/08/2018 | LCPR hearing; Additional volunteer firefighter provisions recommended |
| 3/13/2018 | LCPR hearing; Passed as amended - delete-All Amendment S2620-8A (PDF / HTML) |
| 3/06/2018 | LCPR hearing; bills added; no further action |
| 2/27/2018 | LCPR hearing; no action |
Summaries and related documents:
S.F. 2620 (Rosen/O'Driscoll), 1st Unofficial Engrossment, as passed by the House and the Senate and signed by the Governor (Laws 2018, Chapter 211):- Summary
- Table of Contents
- Section-by-Section Summary
- List of Source Bills
- Actuarial Analysis of the Impact of the Bill Over a 30-Year Period, prepared by the pension funds
- Funded Status of the Retirement Plans as of 6/30/2018
- Appropriation Tracking (revised), prepared by Senate Fiscal Staff
- Summary of 1st Unofficial Engrossment
- Table of Contents
- Section-by-Section Summary
- List of Source Bills
- 30-Year Savings prepared by the retirement plan administrators
- 30-Year Savings by Component prepared by the retirement plan administrators
- Funded Status of the Retirement Plans at the time of the pension bill (data as of 6/30/2018)
- Summary of 2nd Engrossment
- Table of Contents
- Section-by-Section Summary
- List of Source Bills
- 30-Year Savings prepared by the retirement plan administrators
- Fiscal spreadsheet, prepared by Senate Fiscal staff
- Fiscal note, prepared by MMB (NOTE: the Fiscal Note was prepared based on the bill as introduced, not the amended version as passed the Senate).
- Summary of 1st Engrossment
- Table of Contents
- Section-by-Section Summary
- List of Source Bills
- 30-Year Savings prepared by the retirement plan administrators
- Fiscal spreadsheet, prepared by Senate Fiscal staff
- Staff materials (Summary, Table of Contents, Section-by-Section Summary, and Source Legislation)
- Fiscal Note
- Senate Fiscal Staff Spreadsheet
Links to previous Omnibus Retirement Bill pages
2017 Omnibus Bill
2016 Omnibus Bill
2015 Omnibus Bill
2014 Omnibus Bill
2013 Omnibus Bill
2012 Omnibus Bill
2011 Omnibus Bill
2010 Omnibus Bill
2009 Omnibus Bill
2008 Omnibus Bill
2007 Omnibus Bill
2006 Omnibus Bill
2005 Omnibus Bill
2004 Omnibus Bill
NOTE: Some of these documents are posted as Portable Document Format (PDF) files. To view PDF files, you will need the free Adobe Acrobat Reader. Adobe also provides free accessibility tools for screen reader access.