Filter by type: Pension Plans | MNDCP | HCSP | Pre-Retirement Seminars | Retirement Planning | Account Online & Correspondence
Overview of MSRS Retirement & Savings Plans
MSRS Retirement & Savings Plans
This video is an overview of plans administered by MSRS including the state pension plan, the Minnesota Deferred Compensation Plan and the Health Care Savings Plan.
Joint Retirement Systems Pension Plan:
As a Minnesota public employee, you earn a pension benefit. Learn the basics about defined benefit pension plans.
Pension Plans
State Patrol Retirement Plan (videos)
About MSRS
How Plan Works
Calculating Your Benefit
Benefit Choices
Retirement Checklist & Timeline
Applying for Retirement
After Retirement
Disability Benefits
Judges Retirement Plan (videos)
About MSRS
How Plan Works
Calculating Your Benefit
Benefit Choices
Retirement Checklist & Timeline
Applying for Retirement
After Retirement
Disability Benefits
Unclassified Retirement Plan (videos)
About MSRS
How Plan Works
Calculating Your Benefit
Benefit Choices
Retirement Checklist & Timeline
Applying for Retirement
After Retirement
Disability Benefits
Investment Options
MNDCP
Pretax vs. Roth After Tax
Minnesota Deferred Compensation Plan
This video is an overview of the Minnesota Deferred Compensation Plan (MNDCP). The plan is an employer-sponsored voluntary retirement savings account available to all Minnesota public employees.
Pre-Retirement Seminars
Introduction:
Preparing for retirement starts with a plan. In this section we discuss some realities to consider that could affect your retirement savings and walk through steps to prepare a retirement budget.
Pension:
A pension may be one of your greatest sources of retirement income. In this section we discuss how the State of Minnesota pension benefit is calculated, the plan features, and the impact of collecting your benefit before full retirement age.
Income Gap:
You may have an income gap if your pension and Social Security benefits are not enough to cover your retirement expenses. In this section we discuss ways to bridge income gaps.
Minnesota Deferred Compensation 457(b) Plan (MNDCP):
The MNDCP is a voluntary savings account to be used after you separate from service, typically in retirement. In this section we discuss the MNDCP features and how to use your account savings to supplement pension and Social Security income.
Health Care Savings Plan (HCSP):
The HCSP is a tax-free savings account to be used once you separate from service. In this section we discuss the features of the HCSP and options to utilize your HCSP savings.
Social Security:
A Social Security Representative will be present at most MSRS Pre-Retirement seminars, depending on availability. Social Security puts you in control by providing an array of services when, where and how you need them. Click the image to get started.
Retirement Planning
Account Online & Correspondence
Video that explains the steps to log into your account online and how to access your accounts held with Voya.
Locate your Final Empower Statement
Video that explains the steps to locate your final Empower statement in your account online.
Locate your Voya Conversion Statement
Video that explains the steps to locate your conversion statement| from Voya in your account online.
Compare your Empower & Voya Statement
Video that explains the steps to compare your
final Empower statement with your Voya
conversion statement.
How to Read your Quarterly Statement
Video that explains how to read your quarterly statement from Voya
Elect Paperless Delivery of your Quarterly Account Statements
Video that explains the steps to change your Minnesota Deferred Compensation 457(b) (MNDCP), Health Care Savings Plan (HCSP), Unclassified Plan or Hennepin County Supplemental Plan statement delivery from mail to paperless.