Minnesota Legislature
2023 Pension and Retirement Bills
Pension and retirement-related legislation enacted in 2023:
- Pension and Retirement Omnibus Policy Bill
- Pension Budget Omnibus Bill
- Minnesota Secure Choice Retirement Program
- Public Safety PTSD/Duty Disability
- Pension-related provisions in the Omnibus Tax bill
Pension and Retirement Omnibus Policy Bill
Chapter 47, HF2950 (Her/Frentz)
| Date | Body | Action | Documents |
|---|---|---|---|
| 5/19/2023 | Governor | Signed by the Governor (enactment date 5/20/2023) | HF2950, 2nd Engrossment General Summary Section-by-Section Summary List of Source bills |
| 5/15/2023 | House | Repassed as amended by the Senate (132-0) | HF2950, 1st Unofficial Engrossment |
| 5/12/2023 | Senate | Senate Floor: Passed (64-1) as amended (sch2950a-1) | Summary of HF2950, 1st Engr. |
| 5/03/2023 | Senate | State and Local Government and Veterans Committee: Passed, to General Orders | Summary of HF2950, 1st Engr. |
| 4/21/2023 | House | Passed (122-0) | HF2950, 1st Engrossment
General Summary Section-by-Section Summary List of Source Bills |
| 3/24/2023 | House | State and Local Government Finance and Policy Committee - Passed as amended (DE), referred to the General Register | Summary of A23-0097 |
| 3/22/2023 | LCPR | LCPR hearing; 2023 Pension and Retirement Omnibus Policy Bill: approved, will be in the form of delete-everything (DE) amendment A23-0097 to HF2950 (Her); SF3016 (Frentz) | DE Amendment A23-0092 Summary of A23-0092 Amendment A230092-1A Amendment A230092-2A |
Pension Budget Omnibus Bill
Chapter 45, HF3100 (Her/Frentz)
| Date | Body | Action | Documents |
|---|---|---|---|
| 5/19/2023 | Governor | Signed by the Governor (enactment date 5/20/2023) | HF3100, 2nd Engrossment Summary of 2nd Engrossment |
| 5/12/2023 | House | Repassed as amended by the Senate | HF3100, 1st Unoff. Engr. Summary of 1st. Unoff. Engr. |
| 5/11/2023 | Senate | Senate Floor: Amended (sch3100a-2), Passed (66-1) | HF3100, 1st Unoff. Engr. Summary of 1st. Unoff. Engr. |
| 5/05/2023 | Senate | Finance Committee: Passed | HF3100, 1st Unoff. Engr. Summary of 1st. Unoff. Engr. |
| 5/03/2023 | Senate | State and Local Government and Veterans Committee: Passed as amended (sch3100a-1), re-referred to Finance Committee | HF3100, 1st Engrossment
Summary of 1st. Engr. Section-by-Section Summary |
| 4/21/2023 | House | Passed (120-0) | HF3100, 1st Engrossment
Summary of 1st. Engr. Section-by-Section Summary |
| 4/13/2023 | House | Committee report adopted | HF3100, 1st Engrossment |
| 4/11/2023 | House | Ways & Means Committee - Passed as amended (H3100.S3162-DE2, H3100A2) | H3100.S3162-DE2
Summary of DE2 Updated Spreadsheet |
| 4/03/2023 | LCPR | LCPR hearing; 2023 Pension Budget Omnibus Bill, Delete-Everything Amendment H3100.S3162-DE1: amended/approved, will be engrossed to be in the form of delete-everything (DE) amendment HG3100.S3162-DE2 | H3100.S3162-DE1
Summary of DE1 Summary Article 7 Updated Spreadsheet |
| 3/27/2023 | LCPR | LCPR hearing; Presentation and discussion of the draft budget spreadsheet (no action will be taken) | Draft Spreadsheet |
Establishing the Minnesota Secure Choice Retirement Program
Chapter 46, HF 782 (Becker-Finn/Pappas)
| Date | Body | Action | Documents |
|---|---|---|---|
| 5/19/2023 | Governor | Signed by the Governor (enactment date 5/20/2023) | HF782, 4th Engrossment Summary of 4th Engrossment |
| 5/12/2023 | House | House Status: Repassed as amended by the Senate | HF782, 2nd Unofficial Engrossment |
| 5/11/2023 | Senate | Passed (34-33) as amended (sch0782a-1) | HF782, 1st Unofficial Engrossment |
| 5/5/2023 | Senate | Finance Committee: Substituted Senate language, Passed as amended (SCS0413A-6), to Senate Floor | HF782, 3rd Engrossment
Summary of HF782, 3rd. Engr. |
| 5/01/2023 | House | Passed (71-60) as amended (H0782-5A), sent to the Senate | HF782, 2nd Engrossment
Summary of HF782, 2nd engrossment |
| 3/30/2023 | Senate | Re-referred to Finance |
Modifying peace officer and firefighter duty disability provisions, report, and appropriation
Chapter 48, HF 1234 (Her/Frentz)
| Date | Body | Action | Documents |
|---|---|---|---|
| 5/19/2023 | Governor | Signed by the Governor (enactment date 5/20/2023) | HF1234, 4th Engrossment
Summary of 4th Engrossment |
| 5/15/2023 | House | Repassed as amended by the Senate | |
| 5/11/2023 | Senate | Amended, passed (40-22) (sch1234a13) | HF1234, 2nd. Unofficial Engr. |
| 5/5/2023 | Senate | Finance Committee: Passed as amended (sch1234a-3), | HF1234, 3rd. Engr.
Summary of HF1234, 3rd. Engr. |
| 5/01/2023 | Senate | SF1959: State Government Committee, Passed as amended (scs1959a-7), re-referred to Finance Committee | SF1959, 1st. Engr.
Summary of 1st Engrossment |
| 5/01/2023 | House | Sent to the Senate | 3rd engrossment |
| 5/01/2023 | House | Passed (89-41) as amended (H1234A5, H1234A6) | Summary of 2nd Engrossment |
| 4/25/2023 | Senate | Referred to Rules and Administration |
Pension-related provisions in the Omnibus Tax Finance and Policy Bill
Relevant pages of the Tax Bill containing pension-related provisions
Complete Omnibus Tax Finance and Policy Bill
Summary of the pension-related provisions:
- Effective July 1, 2025, normal retirement age is reduced from 66 to 65 for the Teachers Retirement Association and St. Paul Teachers Retirement Fund Association, and paid for with a 0.25% increase in employee contributions and a 0.75% increase in employer contributions, the latter funded by a corresponding increase in state funding to school districts and other state employers.
- Effective January 1, 2023, along with a subtraction from federal adjusted gross income for social security benefits, the bill contains a subtraction from federal AGI for up to $25,000 (for married taxpayers and surviving spouses) or up to $12,500 (for all others) of "qualified retirement benefits." "Qualified retirement benefits" are pensions paid to "basic" members, i.e., members whose pensions are based on service for which the member is not also receiving social security benefits such as from the PERA Police and Fire Plan and the MSRS State Patrol Plan. Both subtractions are phased out after $100,000 in AGI for couples and $78,000 AGI for singles.