#MinnesotaPensions

Retained actuaries and retirement funds report improved funding; actuaries caution against rushing to spend surpluses Retained actuaries for the Legislative Commission on Pensions and Retirement (LCPR) and executives from multiple statewide retirement systems reported improved funded ratios and strong investment returns, while urging caution about using pension surpluses and explaining new layered amortization transparency.

Minnesota's retirement systems are seeing improved funding, but actuaries warn against the temptation to spend surplus too quickly—are we prioritizing long-term security?

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#MN #PensionSustainability #CitizenPortal #InvestmentTransparency #MinnesotaPensions #RetirementFunding

Senator Rasmussen secures bipartisan support for pension aid amendment Senator Rasmussen's amendment extends state pension aid until liabilities reach 10%

In a groundbreaking move, Senator Rasmussen's bipartisan amendment transforms Minnesota's pension funding by lifting the July 1, 2048 deadline, ensuring aid continues until financial stability is reached.

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#MN #CitizenPortal #MinnesotaPensions #PensionFunding #FiscalPolicy