The January 2027 payment will be paid on the first banking day of the month: Monday, January 4, 2027.
Increase Amount
Eligible MSRS pension recipients will receive a post-retirement benefit increase with the first 2027 payment. The benefit increase is determined by Minnesota Statute.
| Pension Plan | 2027 Benefit Increase Percentage |
|---|---|
| General Employees Retirement Plan * | 1.75% |
| Unclassifed Retirement Plan | 1.75% |
| Correctional Retirement Plan | 1.50% |
| Judges Retirement Plan | 1.50% |
| State Patrol Retirement Plan | 1.25% |
| Legislators Plan | 1.75% |
*Includes Military Affairs, Transportation Pilots, and State Fire Marshals Retirement Plans
Increase Letter
Pension recipients receive a letter in December confirming their 2027 gross and net payment amount, as well as tax withholding.
The federal and state tax withholding for your January payment is based on the current year (2026) tax tables. New 2027 tax tables will be used once available (typically first applied to your February payment).
A copy of the increase letter will be available in Account Online under My Documents in early December.
Income Verification Letter
You can access and print a letter verifying your 2027 pension income in Account Online beginning December 25, 2026. Account Online is the quickest way to view and print your verification letter. We cannot email you the letter due to data security practices.
New to Receiving Benefits?
If you retired between July 2, 2025 and June 1, 2026, you are eligible for your first increase, which is a prorated. The prorated amount is based on the number of full months you were retired during the previous fiscal year. After the first, prorated increase, all future increases will be the full percentage.
If you retired between June 2, 2026 and December 31, 2026, you are not eligible for an increase in 2027. Your first increase will be in January 2028.