How do I access my PERA account?
Secured Account Access
If you need assistance, view PERA's Account Access video, read the Account Access fact sheet, or call PERA's Customer Service Center at 1-800-759-7372.
Who gets PERA in MN?
We serve over 440,000 current and former public employees from 2,100 governmental agencies and pay monthly benefits to more than 120,000 retirees, disabled members, and survivors of deceased members.
What is PERA retirement MN?
The Public Employee's Retirement Association (PERA) is a retirement system that provides benefits for eligible employees of county and local governments in Minnesota. Both you and the City make contributions to the retirement system. PERA is governed by an eleven member board of trustees.
Can you get PERA and Social Security?
It's possible, depending on the amount of your PERA pension. Unless you meet an exception to the Government Pension Offset (GPO) provision, your Social Security survivor benefits would be subject to offset by 2/3rds of the amount of your PERA pension (https://www.ssa.gov/pubs/EN-05-10007.pdf).
What is the retirement age for MN PERA?
Is Colorado PERA a lifetime benefit?
Benefit Options
As a PERA retiree, you will receive a lifetime monthly benefit payment. You can also choose a benefit option that will continue to pay a person of your choice following your death. The person receiving the continuing benefit is called your cobeneficiary.
Do I pay taxes on my PERA pension?
How much of my pension is taxable? Most of your retirement income from PERA will be taxable in the year in which it is received. On average, retirees find that 97 to 100 percent of their pension payment is taxable income. This is because our members' contributions have been federally tax-deferred since 1983.
Can I withdraw money from my PERA account?
Age 59½ withdrawals* can be taken from your account if you are age 59½ or older. You must first withdraw after-tax and rollover account balances. No forms are required. After-tax withdrawals* can be taken from your after-tax money (this is different from Roth money).