PERA administers five retirement plans that serve employees of over 2,100 city, county, school, and other local government public employers.
Defined Benefit Plans (DBP): Coordinated, Correctional, and Police & Fire
Defined Contribution Plan (DCP)
Statewide Volunteer Firefighter (SVF) Plan
Each plan has a unique set of membership eligibility rules and contribution rates under Minnesota Statutes. PERA’s DBP and DCP are tax-qualified plans under Section 401(a) of the Internal Revenue Code and employee contributions are made on a pre-tax basis.
See the SVF section for more information about that plan.
