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Monday, May 1, 2023

The following House File was introduced:

Wolgamott and Stephenson introduced:

H. F. 3294, A bill for an act relating to retirement; Teachers Retirement Association; higher education individual retirement account plan; lowering the normal retirement age to age 64; increasing employee and employer contributions; extending the end of the amortization period to 2053; increasing the pension adjustment revenue for school districts; appropriating money; amending Minnesota Statutes 2022, sections 126C.10, subdivision 37; 354.05, subdivision 38; 354.42, subdivisions 2, 3; 354B.23, subdivision 1; 356.215, subdivision 11.

The bill was read for the first time and referred to the Committee on Education Finance.